Determining Cash Flows from (Used for) Operating Activities

Yeoman Inc. reported the following data:

Net income	$301,400
Depreciation expense	58,200
Loss on disposal of equipment	31,100
Increase in accounts receivable	28,800
Increase in accounts payable	10,200

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: 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