QS 16-4 (Algo) Indirect: Computing cash flows from operations LO P2 Cain Incorporated reports net income of $17,200. Its comparative balance sheet shows the following changes: accounts receivable increased $8,200; inventory decreased $10,200; prepaid insurance decreased $3,200; accounts payable increased $5,200, and taxes payable decreased $4,200. Compute cash flows from operations using the Indirect method. (Amounts to be deducted should be Indicated by a minus sign.) Cash Flows from Operating Activities (Indirect) Adjustments to reconcile net income to net cash provided by operating activities Changes in current assets and liabilities