Instructions Amount Descriptions Statement of Cash Flows-Operating Activities Final Question instructions The net income reported on the income statement for the current year was $185.000 Depreciation recorded on curent and a building amounted to $56.000 for the year ances of the current asset and current liability accounts at the beginning and end of the year are as follows End of Year $75.000 Cash Beginning of Year $66.150 90 000 175.000 84550 Accounts receivable (net) Inventiones 195 200 3,000 4500 91.500 Prepaid expenses Accounts payable (merchandise creditors) Salaries payatin 110.000 4000 7.200 Required: A Prepare the Cash Flows from Operating Activities section of the statement own the indirect method for to the mount Description is provided for the exact wording of the answer choice for text entries Use them to show payment decreases in cash and for any adjustments if reqwed the creatmethod had been used, would the net cash flow from operating activities have been mean? Amount Descriptions Amount Descriptions Amortization of intangible assets Decrease in accounts payable Decrease in accounts receivable Decrease in inventories Decrease in prepaid expenses Decrease in salaries payable Depreciation Increase in accounts payable Increase in accounts receivable Increase in inventories Increase in prepaid expenses Increase in salaries payable Net cash flow from operating activities Net cash flow used for operating activities sh flows from operating activities - indirect.method Instructions Amount Description Statement of Cash Flows-Operating Activities Final Question Statement of Cash Flows-Operating Activities Shaded cells have feedback A. Prepare the Cash Flows from Operating Activities section of the statemente com flows the direct method Files to the Around Deserto de recente answer choices for text entries at the minus sign to ridicate cash outlows cash paymente decreases in cash and for any aqustunts, required Question not attempted Score: 0/2 Statement of Cash Flows partial) 1 Cach flows from operating activities 2 Adjustments to record net income to tash flow from operating activities Ganges in the patients and be Statement of Cash Flows-Operating Activities Suded cells have feedback Changes in content operating assets and liabilities: 5 T 1 3 10 11 OTO Feedback Check My Work Cathens.hthawath