Question: Cash flows from operating activities-indirect method Prepare the cahs flows from operating Statement of Cash Fl The net income reported on the income statement for
Statement of Cash Fl The net income reported on the income statement for the current year was $330,400. Depreciation recorded amounted to $105,140 for the year. Balances of the current asset and current Eability accouns a the beginning and end of the year are as follows Cash Accounts receivable (net) Inventories Prepaid expenses $89,900 111,940 217,550 13,290 95,060 15,590 $95,010 117,700 209,050 14.160 103,580 13,710 Salaries payable
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