Cash flows from (used for) operating activities-indirect method Staley Inc. reported the following data: Net income $252,400 Depreciation expense 66,700 Loss on disposal of equipment 39,100 Increase in accounts receivable 26,800 Increase in accounts payable 12,400 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 out flows, cash payments, decreases in cash, or any negative adjustments. Line Item Description Staley Inc. Statement of Cash Flows (partial) Cash flows from (used for) operating activities: Adjustments to reconcile net income to net cash flows from (used for) operating activities: Changes in current operating assets and liabilities: Net cash flows from operating activities Amount Amount