Expert Electronics, Incorporated $($EEI$)$ recognized $$8,900$ of sales revenue on account and collected $$5,500$ of cash from accounts

receivable. Further, EEl recognized $$4,300$ of operating expenses on account and paid $$2,400$ cash as partial settlement of accounts

payable.

Requlred

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 Indlcated with a minus sign.

b$.$ Prepare the operating activities section of the statement of cash flows under the indirect method.

Note: Amounts to be deducted should be Indlcated with a minus sign.