Cash Flows from Operating Activities-Indirect Method Staley Inc. reported the following data: Net income $397,500 Depreciation expense 67,600 Loss on disposal of equipment 33,300 Increase in accounts receivable 16,500 Increase in accounts payable 12,600 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 ny negative adjustments. Staley Inc. Statement of Cash Flows (partial) Cash flows from operating activities: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities: Mat cash flow from operating activation 100 00