None of my lectures explains how to work the problem

Joseph Taylor and Margaret Jackson are examining the following summary of cash flows for Novak Company for the year ended January 31, 2025. Joseph claims that this summary shows that Novak had a superb first year, with cash increasing $40,870. Margaret replies that it was not a superb first year. Rather, she says, the year was an operating failure and that $40,870 is not the actual increase in cash. The cash balance at the beginning of the year was $139,240. Using the data provided, determine the net income/(loss) for the year ended January 31,2025 . Depreciation expense was $55,400. (Enter negative amounts using either a negative sign preceding the number e.g. 45 or parentheses e.g. (45).) Net income (loss) $ Prepare a statement of cash flows in proper form using the indirect method. The only noncash items in the income statement are depreciation and the gain from the sale of the investment. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000). Net Cash Provided by Operating Activities $ , 6 Joseph Taylor and Margaret Jackson are examining the following summary of cash flows for Novak Company for the year ended January 31, 2025. Joseph claims that this summary shows that Novak had a superb first year, with cash increasing $40,870. Margaret replies that it was not a superb first year. Rather, she says, the year was an operating failure and that $40,870 is not the actual increase in cash. The cash balance at the beginning of the year was $139,240. Using the data provided, determine the net income/(loss) for the year ended January 31,2025 . Depreciation expense was $55,400. (Enter negative amounts using either a negative sign preceding the number e.g. 45 or parentheses e.g. (45).) Net income (loss) $ Prepare a statement of cash flows in proper form using the indirect method. The only noncash items in the income statement are depreciation and the gain from the sale of the investment. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000). Net Cash Provided by Operating Activities $ , 6