Determining Cash Flows from (Used for) Operating Activities

Featherstone Inc. reported the following data:

Net income	$296,000
Depreciation expense	113,100
Gain on disposal of equipment	58,200
Decrease in accounts receivable	71,300
Decrease in accounts payable	27,100

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 outflows, cash payments, decreases in cash, or any negative adjustments.

Featherstone Inc.
Statement of Cash Flows (partial)
Cash flows from (used for) operating activities:
	$fill in the blank 2
Adjustments to reconcile net income to net cash flows from (used for) operating activities:
	fill in the blank 4
	fill in the blank 6
Changes in current operating assets and liabilities:
	fill in the blank 8
	fill in the blank 10
Net cash flows from operating activities		$fill in the blank 11