Prepare cash flows from operating activities for $2024.$

Exercise 4-18 (Algo) Statement of cash flows; indirect method [L04-8] Chew Corporation prepares its statement of cash flows using the indirect method of reporting operating activities. Net income for the 2024 fiscal year was $1,266,000. Depreciation expense of $156,000 was included with operating expenses in the income statement. The following information describes the changes in current assets and liabilities 168, 124, 78, 46, 60 , other than cash: Increase in receivable Decrease in Decrease in expenses Decrease in payable Increase in payable Required: accounts inventory prepaid sala ries income taxes Prepare cash flows from operating activities for 2024. Note: Amounts to be deducted should be indicated with a minus sign. Cash flows fromo ratin activities: Ad'ustments for noncash effects: Changes in operating assets and liabilities: Net cash flows from o ratin activities