Refer to the two cases presented in M12-5, and show the cash flow from operating activities section of the 2013 statement of cash flows using the directmethod.

Case A Case B 2013 2012 2013 2012 Sales Revenue Cost of Goods Sold Gross Profit Depreciation Expense Salaries Expense Net Income Accounts Receivable Inventories Accounts Payable Salaries Payable $11,000 6,000 5,000 1,000 2,500 1,500 300 750 800 1,000 $9,000 5,500 3,500 1,000 2,000 500 400 500 700 1,200 $21,000 12,000 9,000 1,500 5,000 2,500 750 730 800 200 $18,000 11,000 7,000 1,500 5,000 500 600 800 850 250