Refer to the information provided in P11-3C for Security Solutions.
In P11-3C, Portions of the financial statements for Security Solutions are provided below.

Required:
Prepare the operating activities section of the statement of cash flows for Security Solutions using the directmethod.

Securitv Solutions Income Statement For the Year Ended December 31, 2015 Revenues 960.000 Xpenses Cost of goods sold Operating expenses Depreciation expense Income tax expense S650,000 210,000 25,000 20,000 905.000 S 55,000 Iotal expenses Net Income Securitv Solutions Selected Balance Sheet Data December 31 Increase in accounts receivable Decrease in inventory Increase in prepaid rent Decrease in salaries payable Increase in accounts payable Decrease in income tax payable 5,000 0,000 4.000 6,000 8.000 3,000