Brief Exercise 12-1 (Algo) Use the indirect method to determine cash flows from operating activities LO 12-1 Maybach Incorporated presents its statement of cash flows using the indirect method. The following accounts and corresponding balances were drawn from the company's Year 2 and Year 1 year-end balance sheets: The Year 2 income statement showed net income of $28,250. Required: Required: Prepare the operating activities section of the statement of cash flows