Save Exit Submit Assignment for Grading Questions Exercise 16-5 CAlgorithmie) Question 3 of Check My Work (1 remaining) Cash Flows from operating Activities Indirect Method o The net income reported on the income statement for the current year was s126.soo. Depredation recorded on store equipment for the year amounted to s20,900. Balances of the o aument asset and current liability accounts at the beginning and end of the year are as folows: End of Year Beginning of Year $50,850 $46,780 Accounts receivable (net) 49,780 52,630 5,590 Accounts payable (merchandise creditors) 47,650 44,250 Wages payable 26,040 a. Prepare the Cash Flows from operating Activities section of the statement of cash flows using the indirect method use the minus sgn to indcate cash out nows, cash payments, decreases in cash and for any adjustments, if required. Statement Cash Flows (partial)