Cash Flows from operating activities-indirect method Instructions Amount Descriptions Statement of Cash Flows-Operating Activities Final Question Instructions Amount Descriptions Depreciation recorded on equipment umentity accounts the KSHEET AL... Amount Descriptions Amortization of intarities Decrease in accounts payable Decree tsevat Decreto Deca d ences Decrease in spate Depreca Increase in accounts payable Increase in accounts receivable Increase in inverte Increase in predexpenses Increase in the N ath to from cathetett Check My Work more Check vorhures roman Calculate Amuntetin Statement of Catho Operating Activities to the mount site for the winge r s A. Par the shows to Operating Activites section of the best de cash cash a nd cash and for any shows using the indictated in S ent of Cashes Dentis Final Question 8. the direct method had been used, would the net cash flow from operating activities have been the same? Print item BOOK Show Me HOW Calculator Cash flows from operating activities-indirect method Amount Descriptions Statement of Cash Flows-Operating Activities Instructions The net income reported on the income statement for the current year was $346 400 Depreciation recorded on equipment and a building amounted to 599,330 for the year Balances of the current asset and current liability accounts at the beginning and end of the year are as follows Cash End of Year 390,570 111,490 222,910 Beginning of Year 196,530 119,020 208.840 Accounts receivable net) vertories Prepaid expenses 14 540 Accounts payable (merchandise creditors) Salaries avable 13,500 96,260 15.150 103,590 12,980 Required A Prepare the Cash Flows from Operating Activities section of the statement sho wing the indirect method refer to the amount Description is provided for the exact wording of the answer chokes for extenties Use the minus un to indole cash our own con payments, decreases in cash and for any ustnents, required BIf the decimetod had been used, would the netcash now from operating activities have been the same Amount Descriptions Amortization of intangible assets Decrease in accounts payable Decrease in accounts receivable Decrease in inventories Decrease in prepaid expenses Decrease in salaries payable Depreciation Increase in accounts payable Increase in accounts receivable Increase in inventories Increase in prepaid expenses Increase in salaries payable Net cash flow from operating activities Net cash flow used for operating activities Net income Netloss