$22$ Homework

Question $1,$ E$22-1($similar to$)$

HW

Part $1$ of $2$

Simplified Income Statement

Belmain Apparel Providers, Inc. provided the following information for the current year.

$($Click the icon to view the income statement.$)($Click the icon to view the account changes from the balance sheet.$)$

Requirements

a$.$ Compute cash flows from operating activities for Belmain Apparel Providers under the indirect reporting format.

b$.$ Compute cash flows from operating activities for Belmain Apparel Providers under the direct reporting format.

Requirement a$.$ Compute cash flows from operating activities for Belmain Apparel Providers under the indirect reporting format. $($L operating activities. If an input field is not used in the statement, leave the field empty; do not select a label or enter a zero.$)$

Belmain Apparel Providers, Inc.

Partial Statement of Cash Flows $($Indirect Method$)$

$\backslash$table$[[$Simplified Income Statement,Amount$],[$Sales$,$$ $2,453,000],[$Cost of Goods Sold,$(1,252,400)$