Use the following information to prepare the operating activities section of a statement of cash flows for MNO Co. for 2023 using the indirect method. Net Income $275,000 Increase in merchandise inventory $27,000 Increase in accounts payable $13,000 Depreciation expense $42,000 Decrease in accounts receivable $17,000 Loss on sale of land $23,700 Do not enter dollar signs or commas in the input boxes. Use the negative sign for a decrease in cash. MNO Co. Cash Flow Statement For the Year Ended December 31, 2023 Cash Flow from Operating Activities Net Income Answer Adjustments for Non-Cash Items Depreciation expense Answer Loss on sale of land Answer Change in Current Assets and Current Liabilities Decrease in accounts receivable Answer Increase in merchandise inventory Answer Increase in accounts payable Answer Net Cash Provided (Used) by Operating Activities