Question: 7 E12-6 (Algo) Preparing and Evaluating a Simple Statement of Cash Flows (Indirect Method) [LO 12-2, LO 12-5] Suppose your company reports $255 of net

E12-6 (Algo) Preparing and Evaluating a Simple Statement of Cash Flows (Indirect Method) [LO 12-2, LO 12-5] Suppose your company reports $255 of net income and $59 of cash dividends paid, and its comparative balance sheet indicates the ollowing. Required: 1. Prepare the operating activities section of the statement of cash flows, using the indirect method. (Amounts to be deducted shoul be indicated with a minus sign.)

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