Question: Expert Electronics, Incorporated ( EEI ) recognized $ 6 , 2 0 0 of sales revenue on account and collected $ 3 , 7 0

 Expert Electronics, Incorporated (EEI) recognized $6,200 of sales revenue on account

Expert Electronics, Incorporated (EEI) recognized $6,200 of sales revenue on account and collected $3,700 of cash from accounts receivable. Further, EEl recognized $2,500 of operating expenses on account and paid $1,500 cash as partial settlement of accounts payable.
30
points
Required
Based on this information alone:
a. Prepare the operating activities section of the statement of cash flows under the direct method. Note: Amounts to be deducted should be indicated with a minus sign.
\table[[Operating Activities - Direct Method,],[Cash flows from operating activities:,],[,],[,],[,],[Net cash flow from operating activities,$
and collected $3,700 of cash from accounts receivable. Further, EEl recognized $2,500

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