Calculating Net Cash Flow from Operating Activities $($Indirect Method$)$ Module Net cash flow from operating activities

Current Year

$\backslash$table$[[$hat$(),$$$],[$Add $($deduct$)$ items to convert net income to cash basis$],[$hat$(),],[$hat$(),],[$Change in operating assets:$],[$hat$(),],[$hat$(),],[$hat$($grad$),],[$Change in operating liabilities:$],[$hat$(),],[\backslash$Delta $^(),],[$hat$(),]]$

Module

The following information was obtained from Galena Company's comparative balance sheets. Assume that Galena Company's annual income statement showed depreciation expense of $$21,600,$ a gain on sale

of investments of $$24,300,$ and net income of $$121,500.$

Calculate the net cash flow from operating activities using the indirect method.

Note: Use negative signs with answers that reduce cash provided by operating activities.