Question: BE 13-4 Cash flows from operating a Staley Inc. reported the following data: Obj. 2 SHOW ME NOW Net income $396,200 61,250 27,600 9,000 Loss

BE 13-4 Cash flows from operating a Staley Inc. reported the following data: Obj. 2 SHOW ME NOW Net income $396,200 61,250 27,600 9,000 Loss on disposal of equipment Increase in accounts receivable Increase in accounts payable 3,350 Prepare the "Cash flows from operating activities" section of the statement of cash flows, using the indirect method

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