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  3. kennedy, inc. reported the following data: net inc

Kennedy, Inc. reported the following data: Net Income $166,677 Depreciation expense 15,725 Loss on disposal...

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Accounting

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Kennedy, Inc. reported the following data: Net Income $166,677 Depreciation expense 15,725 Loss on disposal of equipment 10,985 Gain on sale of building 18,715 9,729 Increase in accounts receivable Decrease in accounts payable 2,493 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 outflows, a decrease in cash, cash payments, or any negative adjustments. Kennedy, Inc. Statement of Cash Flow 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

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