Kodak Companys 2009 income statement and selected balance sheet data at December 31, 2008 and 2009, follow
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Prepare the cash flows from operating activities section only of the companys 2009 statement of cash flows using the indirectmethod.
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KODAK COMPANY Income Statement Sales revenue-... -.-.$312,000 Expenses Cost of goods sold.144,000 Depreclation expense64,000 Salarles expense.. Rent expense Insurance expense Interest expense Utilitles expense . 40,000 10,000 5.200 4,800 4.000 .^....__... KODAK COMPANY Selected Balance Sheet Accounts At December 31 2009 2008 Accounts recelvable720 $600 Salarles payable . .20 Utilities payable +-+···.. + . . Prepald Insurance Prepald rent 40 28 20 36 40
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