Question: Function: SUM; Formula: Add, Subtract; Cell Referencing Using Excel to Calculate Operating Cash Flows Student Work Area PROBLEM Required: Provide input into cells shaded in

Function: SUM; Formula: Add, Subtract; Cell Referencing Using Excel to Calculate Operating Cash Flows Student Work Area PROBLEM Required: Provide input into cells shaded in yellow in this template. Use The comparative balance sheets for Gale Company show these changes in mathematical formulas with cell references to the Problem area. Use the noncash current asset accounts and net income for the period. SUM function with cell references to this work area for the total. Accounts receivable decrease 3 80,000 Prepaid expenses increase 28,000 Compute net cash provided by operating activities using the indirect Inventories increase 40,000 method. Net income 186,000 Net income Adjustments to reconcile net in come to net cash provided by operating activities Net cash provided by operating activities __

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