Cash Flows from Operating Activities-Indirect Method Staley Inc. reported the following data: Net income $399,700 Depreciation expense 57,000 Loss on disposal equipment 26.800 accounts receivable Increase 23,500 accounts payable 10,400 Increase 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, cash payments, decreases cash, or any negative adjustments. Staley Inc. Statement of Cash Flows (partial) Cash flows from operating activties: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities Net cash flow from cperating activities