WUUUN Show Me How Cash Flows from Operating Activities-Indirect Method Staley Inc. reported the following data: Net income $367,300 61,300 39,100 Depreciation expense Loss on disposal of equipment Increase in accounts receivable Increase in accounts payable 13,200 12,700 Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method. Use cash out flows, cash payments, decreases in cash, or any negative adjustments. Staley Inc. Statement of Cash Flows (partial) Cash flows from operating activities: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities: equipment Increase in accounts receivable 39,100 13,200 Increase in accounts payable 12,700 Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect cash out flows, cash payments, decreases in cash, or any negative adjustments. Staley Inc. Statement of Cash Flows (partial) Cash flows from operating activities: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities: Net cash flow from operating activities