Kennedy, Inc. reported the following data: 
Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method.
Definitions:
FMVSS 121
The Federal Motor Vehicle Safety Standard that sets the requirements for air brake systems in commercial vehicles in the United States.
Air Reservoirs
Tanks used in vehicles, especially those with pneumatic systems, to store compressed air for various functions, like braking and suspension.
Air Brake Circuit
An arrangement of components including air tanks, hoses, valves, and actuators, designed to operate brakes using compressed air.
Slack Adjusters
Components in a vehicle's brake system that adjust the brakes as they wear, ensuring consistent braking performance.
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