Annual Income Statement Data Sales Expenses: Cost of goods sold Wages expense Amortization expense Net income...

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Annual Income Statement Data Sales Expenses: Cost of goods sold Wages expense Amortization expense Net income $ 55,000 Wages payable decrease Selected Year-End Balance Sheet Data $ 3,400 Inventory increase 520 33,000 Accounts payable decrease 11,300 1,200 2,400 $ 8,300 Prepare the operating activities section of the statement of cash flows for GreenGarden using the indirect method. Note: Enter amounts to be deducted as negative values. Statement of Cash Flows (partial) Cash flows from operating activities-indirect method Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes current operating assets and liabilities Annual Income Statement Data Sales Expenses: Cost of goods sold Wages expense Amortization expense Net income $ 55,000 Wages payable decrease Selected Year-End Balance Sheet Data $ 3,400 Inventory increase 520 33,000 Accounts payable decrease 11,300 1,200 2,400 $ 8,300 Prepare the operating activities section of the statement of cash flows for GreenGarden using the indirect method. Note: Enter amounts to be deducted as negative values. Statement of Cash Flows (partial) Cash flows from operating activities-indirect method Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes current operating assets and liabilities

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