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Kennedy, Inc., reported the following data:

Net income $$197,065$

Depreciation expense $14,579$

Loss on disposal of equipment $(11,508)$

Gain on sale of building $18,923$

Increase in accounts receivable $10,516$

Decrease in accounts payable $(2,857)$

Prepare the operating activities section of the statement of cash flows using the indirect method. Use the minus sign to indicate cash outflows, a decrease in cash, cash payments, or any negative adjustments.

Kennedy, Inc.

Statement of Cash Flows

Cash flows from $($used for$)$ operating activities:

$$-$ Select $-$

Adjustments to reconcile net income to net cash flows from $($used for$)$ operating activities:

Changes in current operating assets and liabilities: