Question: Check my work CP12-2 Computing Cash Flows from Operating Activities (Indirect Method) [LO 12-2] 33.34 points Hamburger Heaven's income statement for the current year and

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Check my work CP12-2 Computing Cash Flows from Operating Activities (Indirect Method) [LO 12-2] 33.34 points Hamburger Heaven's income statement for the current year and selected balance sheet data for the current and prior years ended December 31 are presented below. eBook $2,020 Print 890 190 References Income Statement Sales Revenue Expenses: Cost of Goods Sold Depreciation Expense Salaries and Wages Expense Rent Expense Insurance Expense Interest Expense Utilities Expense Net Income 490 240 $ 23 Selected Balance Sheet Accounts Current Year Inventory $ 80 Accounts Receivable 375 Accounts Payable 205 Salaries/Wages Payable Utilities Payable Prepaid Rent Prepaid Insurance Prior Year $ 59 440 220 TIP: Prepaid Rent decreased because the amount taken out of Prepaid Rent (and subtracted from net income as Rent Expense) was more than the amount paid for rent in cash during the current year. Required: Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) HAMBURGER HEAVEN Statement of Cash Flows (Partial) For the Year Ended December 31 Cash Flows from Operating Activities: Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: Total Adjustments
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