Question: 1omework 12 ework 12 Saved The two independent cases are listed below: Case A Year 2 Year 1 12,000 12,40022,000 23,000 Case B Year 1

1omework 12 ework 12 Saved The two independent cases are listed below: Case A Year 2 Year 1 12,000 12,40022,000 23,000 Case B Year 1 Year 2 Sales Revenue $ $ 12,900 14,520 6,900 Cost of Goods Sold 9,500 2,900 Gross Profit 5,100 9,100 8,480 Depreciation Expense Salaries and Wages Expense 1,100 1,100 2,000 2,000 nt 1,500 1,000 6,000 6,000 ences 2,500 Net Income 800 1,100 480 Accounts Receivable 350 500 850 780 650 900 980 Inventory Accounts Payable Salaries and Wages Payable 600 800 900 750 900 1,050 1,300 260 350 fk ork 12 Saved ACCOunts KeceivabIe 350 Inventory Accounts Payable Salaries and Wages Payable 800 900 600 750 780 900 900 980 1,050 1,300 260 350 Show the operating activities section of the statement of cash flows for year 2 using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Case A Case B Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities Changes in Assets and Liabilities
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