Homework: Ch 16 Homework A - Graded HW Score: 22.64%, 12 of 53 points O Points: 0 of 10 GDM Equipment, Inc. reported the following data for 2024 B (Click the icon to view the data.) Compute GDM's net cash provided by operating activities-indirect method. TIE Complete the partial Statement of Cash Flows. (Use a minus sign or parentheses for amounts that result in a decrease in cash.) Data table GDM Equipment, Inc. Statement of Cash Flows (Partial) Year Ended December 31, 2024 Cash Flows from Operating Activities Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: Income Statement: Net Income $ 42,000 4.500 Depreciation Expense Balance Sheet 7,500 Increase in Accounts Receivable Decrease in Accounts Payable Net Cash Provided by (Used for) Operating Activities 3,500 Print Done