Cash Flown from Operating Activities-Indirect Method The income statement disclosed the following items for the year: The changes in the current asset and liability accounts for the year are as follows: a. Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash outflows, casi payments, decreases in cash, or any negative odjustments. a. Prepare the Cash Flows from Operating Activities section of the ttatement of cash flowit, using the indlrect method. Use the minus slgn to indicate cash outlows, cath payments, decreases in cash, or any negotive adjustments. b. Why is net cash flows from operating activities dafferent than net income? Cash flows fram operating activities is based on fof accounting, whereas net income is conputed using of acceuating