arch E12-22 (Algo) (Supplement A) Reporting and Interpreting Cash Flows from Operating Activities from an Analyst's Perspective (Direct Method) Rodriguez Company completed its income statement and comparative balance sheet for the current year and provided the following information: Income Statement for Current Year Service revenue Expenses Salaries Depreciation Amortization of copyrights Other expenses Net loss $ 53,000 $41,700 7,500 290 9,900 59,390 $ (6,398) Partial Balance Sheet Salaries payable Accounts receivable Other accrued liabilities Current Year Prior Year $ 8,900 $ 17,000 14,600 2,100 2,800 7,000 In addition, Rodriguez bought a small service machine for $6,300. Required: 1. Present the operating activities section of the statement of cash flows for Rodriguez Company using the direct method Assume that other accrued liabilities relate to other expenses on the income statement. (List cash outflows as negative amounts.) 994 Current Prior Partial Balance Sheet Year Year Accounts receivable S 8,900 $17,000 Salaries payable 14,600 2,800 Other accrued liabilities 2,100 7,000 In addition, Rodriguez bought a small service machine for $6,300. Required: 1. Present the operating activities section of the statement of cash flows for Rodriguez Company using the direct method. Assume that other accrued liabilities relate to other expenses on the income statement. (List cash outflows as negative amounts.) RODRIGUEZ COMPANY Statement of Cash Flows (Partial) Cash flows from operating activities: search O a 99