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 $30,000 20,000 24,000 15,000 Income Statement Data Accounts receivable decrease Purchased a nachine for cash Salaries payable inerease Other accrued liabilities decrease Revenues $115,000 Expenses Salaries expense Utilities expense Depreciation expense Other expenses 71,000 29,000 31,400 ,s00 $(25, 300) Net loss Required: 1. Prepare the operating activities section of the statement of cash flows using the indirect method. (Any losses or amounts to be deducted should be indicated with a minus sign.) Cash flows from operating activities F1 #3 & LL