Refer to E19.3. Determine the cash flows from operations using the indirect method for Anthony Company

Data from E19.3

Balke Company reveals the following balances in selected accounts:Determine the operating cash flows using the direct format.

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Accounts receivable Inventory Prepaid rent Accounts payable-inventory Accrued liabilities Wages payable Sales Cost of goods sold Rent expense Miscellaneous expenses Wage expense May 31, 2019 $ 95,000 100,000 13,000 44,000 25,000 14,000 727,000 436,000 58,000 94,000 108,000 May 31, 2018 $120,000 68,000 16,000 52,000 15,000 12,000