Question: Ellis Corp s income statement for the year ended December 31

Ellis Corp.’s income statement for the year ended December 31, 2011, had the following condensed information:
There were no purchases or sales of temporary investments during 2011. Ellis’s balance sheet included the following comparative data at December 31:
Instructions
Prepare the operating activities section of the statement of cash flows using the direct method.



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  • CreatedAugust 23, 2015
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