Exercise 12-6 (Algo) Indirect: Cash flows from operating activities LO P2 Salud Company reports the following information. Selected Annual Income Statement Data Net income Depreciation expense Selected Year-End Balance Sheet Data $405,000 Accounts receivable increase $ 41,600 14,400 7,200 Gain on sale of machinery Book Hint 93,500 Prepaid expenses decrease 26,000 Accounts payable increase Wages payable decrease 3,000 Use the indirect method to prepare the operating activities section of its statement of cash flows for the year ended December 31 (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Print Cash flows from operating activities ferences Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes in cument operating assets and liabilities