Cash Flow from Operating Activities (Indirect Method) The following information was obtained from Galena Company's comparative balance sheets: Assume that Galena Company's income statement showed depreciation expense of $8,000, a gain on sale of investments of $9,000, and a net income of $45,000. (a) Calculate the cash flow from operating activities using the indirect method and (b) compute Galena's operating-cash-flow-to-capital-expenditures ratio. a. Use negative signs with cash outflow answers. a. Use negative signs with cash outflow answers. b. Operating cash-flow-to capital expenditures ratio (Round answer to two decimal points)