Compute cash flows from operating activities for Edwards Company under the indirect reporting format. Edwards Company provided you with the following information for the current year. Accounts Payable relate to Selling, General and Administrative Expenses.

Compute net cash flow from operating activities under the indirect reporting format.

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Edwards Company Statement of Net Income For the Ended December 31, 2016 Sales Depreciation Expense Selling. General, and Administrative Expenses Gain on Sale of Equipment Other Expenses $347000 135,000) (117000 7400 8.200) 194.200 (58.260 Income before Taxes Tax Expense Net Income Select Balance Sheet Accounts Cash Investments inoncurrent) Prepaid Rent Accounts Payable Income Taxes Payable Long-Term Debt Common Stodk December 31, 2015 2016 $ 40,000 S 37400 25,000 35,00 248,200 290,200 116,400 136,000 300 5,900 189.600 176,300 248.900 305,600