your results above, prepare the operating activities section of the statement of cash d. Using lows using the indirect format. ing Net Cash Flow from Operating Activities (Indirect Method) information was obtained from Galena Company's comparative balance s t Galena Company's 2016 income statement showed depreciation expense of The followin LO3 ve balance s heets. gain on sale of investments of onerating activities using the indirect method. ation expense of $8.000, a $9.000,and net income of $45,000. Calculate the net cash flow from MBC Dec. 31, 2016 Dec. 31, 2015 19,000 $ 9,000 35,000 44,000 55,000 6,000 21,000 150,000 40,000 24,000 Inventory Prepaid rent Plant assets. . . Accumulated depreciation Accounts payable. Income tax payable 49,000 8,000 34,000 106,000 32,000 20,000 4,000 6,000 92,000 91,000 n stock 121,000 106,000 gs 4- 27. Reconciling Net Income and Cash Flow from Operations Using FSET for fiscal year 2016, Riffe Enterprises had the following summary information avai