Question: Exercise 12-4 (Algo) Indirect: Cash flows from operating activities LO P2 The following income statement and additional year-end information is provided. AccountsreceivableInventory$30,500increaseAccountspayable36,275increaseSalariespayable$15,425decrease5,000decrease Prepare the operating


Exercise 12-4 (Algo) Indirect: Cash flows from operating activities LO P2 The following income statement and additional year-end information is provided. AccountsreceivableInventory$30,500increaseAccountspayable36,275increaseSalariespayable$15,425decrease5,000decrease Prepare the operating activities section of the statement of cash flows using the indirect method. Note: Amounts to be deducted should be indicated with a minus sign. Prepare the operating activities section of the statement of cash flows using the indirect method
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