Reporting Net Cash Flow from Operating Activities The following information is available for Cornelius Inc.: < Selected Income Statement Information Net income Amount $35,870 9,600 Depreciation expense Selected Balance Sheet Information Beginning Balance Ending Balance Accounts receivable $21,200 $27,950 Inventory 45,800 40,125 Accounts payable 23,700 32,600 Required: Prepare the net cash flows from operating activities using the indirect method. Use a minus sign to indicate any decreases in cash or cash flows. Cornelius Inc. Not Cash Flows from Operating Activities Cash flows from operating activities: Using Indirect Method Adjustments to reconcile net income to net cash flow from operating activities: