Chapter 12 Cash Flows direct method Saved Submit Help Save & Exit Check my work 1 The independent cases are listed below that includes all items relevant to operating activities: Case A $69,000 37,000 Case C $100,000 67,000 Case B Sales revenue Cost of goods sold Depreciation expense Salaries and wages expense Net income (loss) Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Salaries and wages payable increase decrease) $59,000 28,000 1.5 points 10,400 5,400 2,400 13,400 15,200 4,400 0 26,400 8,400 (1,800) 3,400 (3,400) (1,100) 1,100 16,200 (1,100) 2,400 eBook 0 2,900 1,700 (2,400) Print Compute cash flows from operating activities using the direct method. (Amounts to be deducted should be indicated with a minus sign.) References Case A Case B Case C 70,100 54,600 96,600 Cash Collected from Customers Cash Payments to Suppliers Cash Payments for Salaries and Wages $70,100 54,600 $ 96,600 Net Cash Provided by Operating Activities