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QS 16-6 (Algo) Indirect: Computing cash from operations LO P2 Use the information above to calculate cash flows from operating activities using the indirect method Note: Amounts to be deducted should be indicated by a minus sign. txercise 10-S (AIgo) Indrect: Reporting casn tiows trom operations LU P 2 Arundel Company disclosed the following information for its recent calendar year. Prepare the operating activities section of the statement of cash flows using the indirect method. Note: Amounts to be deducted should be indicated with a minus sign. QS 16-8 (Algo) Computing cash from asset sales LO P3 The following information is from Ellerby Company's comparative balance sheets. The current year income statement reports depreciation expense on furniture of $26,500. During the year, furniture costing $61,000 was sold for its book value on December 31 , Current Year. Complete the general ledger accounts to calculate cash received from the sale of furniture