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Exercise 12-7A (Algo) The direct versus the indirect method of determining cash flows from operating activities LO 12-1,12-2 The following accounts and corresponding balances were drawn from Jogger Company's Year 2 and Year 1 year-end balance sheets. The Year 2 income statement is shown next. Required a. Prepare the operating activities section of the statement of cash flows using the direct method. b. Prepare the operating activities section of the statement of cash flows using the indirect method. Complete this question by entering your answers in the tabs below. Prepare the operating activities section of the statement of cash flows using the direct metho indicated with a minus sign.) Prepare the operating activities section of the statement of cash flows using the indirect method. (Cash outfiow indicated with a minus sign.)