GENERAL INSTRUCTION: Answer as required. Wi$.$

one$-$whole sheet of papel.

In addition, the following information related to net changes in working

capital is presented:

The company also indicates that depreciation expense for the year was

P$16,700$ and that the deferred iax liability account increased P$2,600.$

Requirements: Prepare a schedule computing the net cash flow from

operating activities that would be shown on a statement of cash flows:

$($a$)$ using the indirect method

$($b$)$ using the direct method.