Question: Cash Flows from Operating Activities Indirect Method Staley Inc. reported the following data: Net income $ 3 2 7 , 2 0 0 Depreciation expense

Cash Flows from Operating ActivitiesIndirect Method
Staley Inc. reported the following data:
Net income $327,200
Depreciation expense 74,600
Loss on disposal of equipment 25,800
Increase in accounts receivable 10,700
Increase in accounts payable 12,100
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 out flows, cash payments, decreases in cash, or any negative adjustments.
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Staley Inc.
Statement of Cash Flows (partial)
Cash flows from operating activities:
$- Select -
Adjustments to reconcile net income to net cash flow from operating activities:
- Select -
- Select -
Changes in current operating assets and liabilities:
- Select -
- Select -
Net cash flow from operating activities $fill in the blank 11

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