Cash flows from (used for) operating activities-indirect method Staley Inc. reported the following data

Cash flows from (used for) operating activitiesindirect method Staley Inc. reported the following data: Net income Depreciation expense Loss on disposal of equipment Increase in accounts receivable Increase in accounts payable $248,400 69,200 38,600 11,500 11,000 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) Amount Amount 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