Question: + 1. Prepare a statement of cash flows, using the indirect method of reporting cash flows from operating activities Kit Kat Company Statement of

+ 1. Prepare a statement of cash flows, using the indirect method of reporting cash flows from operating activities Kit Kat Company Statement of

+ 1. Prepare a statement of cash flows, using the indirect method of reporting cash flows from operating activities Kit Kat Company Statement of Cash Flows - Indirect Method Cash flows from operating activities: For the year ended December 31, 2019 Adjustments to reconcile net income to net cash flow from operating activities: Net income 98,500.00 Changes in current operating assets and liabilities: Decrease in trade payable -3,200.00 Decrease in trade receivables 7,000.00 Increase in prepaid expenses -380.00 Increase in accrued expenses 1500.00 Increase in inventory -7300.00 141,120.00 Net Cash flow from operating activities Cash flows from (used for) investing activities: Net cash flow used for investing activities Cash flows from (used for) financing activities Net Cash flow used for financing activities

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