Exercise 14-2A (Algo) Use the indirect method to determine cash flows from operating activities LO 14-1 Rundle 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 Year 2 Year 1 Accounts receivable $12,300 $18,300 Accounts payable $ 7,500 $ 9,750 The Year 2 income statement showed net income of $27,800. 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 5 o