Cash flows from (used for) operating activities-indirect method the beginning and end of the year are as follows: a. Prepare the "Cash flows from (used for) operating activitits" section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. Statement of Cash Flows (partial) Line Item Description Cash flows from (used for) operating activities: Adjustments to reconcile net income to net cash flows from (used for) operating activities: Depreciation Changes in current operating assets and liabilities: 21,400 Increase in accounts receivable Increaseininventories Increase in wages payable Net cash flows from operating activities