pxercise 12-3A Use the indirect method to determine cash flows from operating activities Shim Company presents its statement of cash flows using the indirect method. The following sheets: accounts and corresponding balances were drawn from Shim's 2017 and 2016 year-end balance Account Title 2017 2016 Accounts receivable Prepaid rent Interest receivable Accounts payable Salaries payable Unearned revenue $36,000 2,400 600 9,300 4,500 3,600 $37,200 1,800 400 10,400 5,200 5,400 ment, an $800 loss on the sale The income statement reported a $1,500 gain on the sale of equip of land, and $3,600 of depreciation expense. N Required Prepare the operating activities section of the statement of cash flows et income for the period was S47,300