Compute cash flows from operating activities for Edwards Company under the indirect reporting format. Edwards Company provided you with the following information for the current year. Accounts Payable relate to Selling. General and Administrative Expenses.

Compute net cash flow from operating activities under the indirect reporting format.

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Edwards Company Statement of Net Income for the Ended December 31, 2019 Sales $347.000 Depreciation Expense (35 000) Selling, Genera, and Administrative Expenses (17,000) 7,400 Gain on Sa e of Equipment Other Expenses (8 200) income before Taxes 194,200 Tax Expense (58, 260) Net Income $135.940 December 31, Select Balance Sheet Accounts 2018 2019 $ 40,000 $ 37,400 Cash Investments (noncurent) 25,000 35,800 Prepaid Rent 248.200 280.200 Accounts Payable 116,400 136,000 Income Taxes Payable 5,900 4, 300 Long Term Debt 189.600 176,300 Common Stock 248,900 305,600