Exercise 12-3 Indirect: Reporting and interpreting cash flows from operations LO P2 Arundel Company disclosed the following information for its recent calendar year Selected Year-End Balance Sheet Data Incone Statement Data Accounts receivable decrease Purchased a nachine for cash Salaries payable increase Other acerued 1iabilities decrease $24,000 10,000 18,000 $100,000 Revenues Expenses Salaries expense- utilities expense Depreciation expense other expenses 31 84,000 14,000 14,600 3,400 8,000 $(16,000) Net loes Prepare the operating activities section of the statement of cash flows using the indirect method (Any loss or amounts to be deducted should be indicated with a minus sign.) t Statement of Cash Flows (partial) int Cash flows from operating activities rences