the income statement disclosed the following items for year: depreciation expense $40,400 gain on disposal of equipment 23,580 net income 323,800 the changes in the current asset and liability accounts for the year are as follows: increase (decrease) accounts receivable $6,300 inventory (3,580) prepaid insurance (1,340) accounts payable (4,270) income taxes payable 1,340 dividends payable 940 question content area a. prepare the cash flows from operating activities section of the statement of cash flows, using the indirect method. use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments.
