Homework: Chapt... Question 7, EF14-19 (sl... HW Score: 20%, 20 of 100 points Save Points: 0 of 5 The records of Rainbow Color Engraving reveal the following: Click the loon to view the records) Compute cash flows from operating activities by the Indirect method for year ended December 31, 2024. (Use a minus sign or parentheses for amounts that result in decrease in cash and to show net cash used for operating activities. If a box is not used in the table, leave the box emply, do not select a label or enter a zero) Rainbow Color Engraving 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 (Used for) Operating Activities: Net Cash Provided by (Used for) Operating Activities Check answ Clear all Get more help uws Hom operating activities by the indirect method for year ended December 31, 2024. (Use a minus sign or parentheses for amounts that result in a and to show net cash used for operating activities. If a box is not used in the table, leave the box empty, do not select a label or enter a zero) Data table $ $ m Oper 41,000 48,000 Depreciation expense Decrease in current liabilities 8.000 31,000 Net income Sales revenue Loss on sale of land Acquisition of land 6,000 Increase in current assets other than cash 9,000 o Recol 38,000 Used fa Print Done