Net Cash Flow from Operating Activities (Indirect Method) The following information was obtained from Galena Company's comparative balance sheets. Assume Galena Company's 2020 income statement showed depreciation expense of $14,400, a gain on sale of investments of $17,600, and a net income of $64,000. Cash Accounts receivable Inventory Prepaid rent Long-term investments PPE May 31, 2020 May 31,2019 $30,400 $16,000 72,000 56,000 88,000 78,400 9,600 11,200 32,000 54,400 240,000 169,600 67,200 52,800 40,000 32,000 6,400 9,600 193,600 147,200 169,600 145,600 Accumulated depreciation Accounts payable Income tax payable Common stock Retained earnings Calculate the net cash flow from operating activities using the indirect method. $ 41,200 Net cash provided by operating activities