16.5 .. please help!

Cash Flows from (Used for) Operating Activities The net income reported on the income statement for the current year was $223,500. Depreciation recorded on equipment and a building amounted to $66,800 for the year. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows: End Beginning of Year of Year Cash $58,110 $60,430 Accounts receivable (net) 73,680 74,570 Inventories 145,280 128,470 Prepaid expenses 8,080 8,520 Accounts payable (merchandise creditors) 64,910 67,440 Salaries payable 9,360 8,400 a. Prepare the Cash Flows from (used for) Operating Activities section of the statement of cash flows, using the Indirect method. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments Statement of Cash Flows (partial) Cash flows from (used for) operating activities Adjustments to reconcile net income to net cash flows from (used for operating activities Changes in current operating assets and abilities: DODO em Prepaid expenses Accounts payable (merchandise creditors) Salaries payable 8,080 64,910 9,360 8,520 67,440 8,400 a. Prepare the Cash Flows from (used for) Operating Activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash outflows, cash payments, decreases in cath, or any negative adjustments. Statement of Cash Flows (partial) Cash flows from (used for) operating activities: Adjustments to reconcile net income to net cash flows from (used for operatins activities: Changes in current operating assets and liabilities: DIII I O Net cash flows from operating activities b. If the direct method had been used, would the net cash flow from operating activities have been the same