Exercise 14-2A (Algo) Use the indirect method to determine cash flows from operating activities LO 14-1 Franklin Incorporated presents its statement of cash flows using the indirect method. The following accounts and corresponding balances were drawn from the company's Year 2 and Year 1 year-end balance sheets. Account Title: Accounts receivable. Accounts payable Year 2 $12,800 Year 1 $19,000 $7,000 $9,950 The Year 2 income statement showed net income of $27,100. Required a. Prepare the operating activities section of the statement of cash flows. (Amounts to be deducted should be indicated with minus sign.) Cash flows from operating activities: Net cash flow from operating activities $ 0