Check my QS 12-3 Indirect: Computing cash flows from operations LO P2 The list includes all balance sheet accounts related to cash from aperating activities Case X Casey Depreciation Re Accounts receivable increase (decrease) Twentory increase (decrease) Accounts payable intrare (decrease) Accrued liabilities increase (decrease) (40.280) 45.20 (88,60) (20,100) 1 4.3 24,209 28. 18 (16,) For each of the above separate cases X Y and Z, compule cash flows from operations using the indirect method. (Amounts to be deducted should be indicated by a minus sign.) Cash Flow from Opening Activities direct Can Y Nut Income 8 ODDS 201,00 $ Antenne sided by two Casez 105 200 For each of the above separate cases X, Y, and Z. compute cash flows from operations using the indirect method (Amounts to be deducted should be indicated by a minus sign.) Cash Flows from Operating Activities Indirect Case X Net Income 5 8 .000 Adjustments to reconcile net inconte lo nel cash provided by operations Case Y 201,000 Case z 145,200 $ 5 QS 12-4 Indirect: Computing cash from operations LO P2 2016 MOSS COMPANY Selected Balance Sheet Information December 31, 2017 and 2016 2017 Current assets Cash $94,650 Accounts receivable 35,000 Inventory 70,000 Current liabilities Accounts payable 50,400 Income taxes payable 3,050 $36,800 52,000 56,100 35,700 4,200 MOSS COMPANY Income Statement For Year Ended December 31, 2017 Sales $ 584,000 Cost of goods sold 371,600 Gross profit 212,400 Operating expenses Depreciation expense $ 56,000 Other expenses 132,000 188,000 Income before taxes 24,400 Income taxes expense 13,300 Net income $ 11,199 Use the information above to calculate this company's cash flows from operating activities using the indirect method deducted should be indicated by a minus sign.) Cash flow from operating activities Adjustments to reconcile net income to operating cash flow 11111 IIIII QS 12-3 Indirect: Computing cash flows from operations LO P2 The list includes all balance sheet accounts related to cash from operating activities, Net income Depreciation expense Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) Case X $ 8,089 60,109 80,200 (40,280) 48,200 (88,480) Case Y 5201,000 16,00 40,009 (20,180) (44,300) 24,280 Case z $145,200 48,400 (8,000) 20,100 28,189 (16,000) For each of the above separate cases X, Y, and Z. compute cash flows from operations using the indirect method. (Amounts to be deducted should be indicated by a minus sign.) Casey Case z Cash Flows from Operating Activities (Indirect) Case X Net Income S 8,000 Adjustments to reconcile net income to net cash provided by operations 5 201,000 S 145.200 1 of 14 A