Cash Flows from (Used for) Operating Activities The income statement disdosed the following items for the year; Depredation expense Gain on disposal of equipment $34,000 20,100 244,400 Net income The changes in the current asset and liability accounts for the year are as follows: Increase (Decrease) Accounts receivable $5,300 Inventory (3,070) Prepaidurance (1,150) Accounts payable (3,650) tocome taxes payable Dividends payable 1,150 810 Prepare the Cash Flows from (used for) Operating Activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash ouows, cash payments, decreases in cast, er any negative adjustments Statement of Cash flows (partial) Cash flows from (used for) operating activ Austments to recondle oet income to ret cash flows from (used for) cperating activitie Changes in current sperating assets and ab 00000 00 0 Net cash Rows from rating ai why is net cash flows from seating alles affered than t Caly Row from prsting artes is bad 0