Determining Cash Flows from (Used for) Operating Activities Yeoman Inc. reported the following data: Net income $170,000 Depreciation expense 29,000 Loss on disposal of equipment 11,850 Increase in accounts receivable Increase in accounts payable 10,490 5,430 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. Yeoman Inc. Statement of Cash Flows (partial) Cash flows from (used for) operating activities: Net income 447,200 X Adjustments to reconcile net income to net cash flows from (used for) operating activities: Depreciation expense 65,600 X Loss on disposal of equipment 30,500 X Changes in current operating assets and liabilities: Increase in accounts receivable Increase in accounts payable Net cash flows from operating activities 27,400 X 12,500 X 528,400 X