Brief Exercise 11-31 (Algorithmic) Determining Net Cash Flow from Operating Activities Burch Company reported the following items in its statement of financial position and statement of earnings information: Increase in cash account, $22,000, decrease in accounts receivable, $19,000; increase in inventory, $7,000; increase in accounts payable, $11,000; decrease in income taxes payable, $1,000, net income, $56,000 depreciation expense, $22,000 Required: Compute the net cash flows from operating activities using the Indirect method Computing Net Cash Flow from Operating Activities Brandon Inc. reported the following items in its statement of financial position and statement of earnings: net income, $86,100; gain on disposal of equipment, $14,300; increase in accounts receivable, $17,400; decrease in accounts payable, $27,900, and increase in common shares, $50,000 Required: Compute the net cash flows from operating activities using the indirect method