Question: Drop down menu options: Cash Flows from Operating Activities-Indirect Method Staley Inc. reported the following data: Net income Depreciation expense Loss on disposal of equipment

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Cash Flows from Operating Activities-Indirect Method Staley Inc. reported the following data: Net income Depreciation expense Loss on disposal of equipment Increase in accounts receivable Increase in accounts payable $347,700 74,500 28,300 22,400 12,600 Prepare the Cash Flows from 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. Staley Inc. Statement of Cash Flows (partial) Cash flows from operating activities: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities: Net cash flow from operating activities Depreciation Increase in accounts receivable Net income Depreciation Increase in accounts payable Increase in accounts receivable N asih tl trom onerarinna Increase in accounts payable Increase in accounts receivable Loss on disposal of equipment Depreciation Increase in accounts receivable Loss on disposal of equipment Depreciation Increase in accounts payable Loss on disposal of equipment
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