Cash Flow from Operating Activities (Indirect Method) Cairo Company had a $24,000 net loss from operations. Depreciation expense for the year was $8,600, and a dividend of $6,000 was declared and paid. The balances of the current asset and current liability accounts at the beginning and end of the year are as follows:

	End	Beginning
Cash	$4,550	$9,100
Accounts receivable	20,800	32,500
Inventory	65,000	68,900
Prepaid expenses	7,800	11,700
Accounts payable	15,600	10,400
Accrued liabilities	6,500	9,880

Did Cairo Company's operating activities provide or use cash? Use the indirect method to determine your answer.

Use negative signs with cash outflow answers.

	Net Loss		$Answer
	Add (deduct) items to convert net loss to cash basis
	Depreciation		Answer
	Accounts Receivable	AnswerIncreaseDecrease	Answer
	Inventory	AnswerIncreaseDecrease	Answer
	Prepaid Expenses	AnswerIncreaseDecrease	Answer
	Accounts Payable	AnswerIncreaseDecrease	Answer
	Accrued Liabilities	AnswerIncreaseDecrease	Answer
	Cash Provided by Operating Activities		$Answer
	Cairo Company's operating activities	AnswerProvidedUsed	$Answer cash.

Please answer all parts of the question.