Instructions:

Prepare Casual Clothing's Cash Flow Statement using Direct Method.

Follow steps outlined in page $11$ of the Mod $5$ notes to create direct cash flow statement.

Show revenue as positive number and expenses as negative numbers.

Cash inflows are positive numbers and cash outflows are negative numbers.

$\backslash$table$[[,,,,,,,],[$Acct Name,Amount,Working Capital Adjustment $($Asset$),$Working Capital Adjustment $($Liability$),$Direct Cash Flow Item$],[$Sales$,13,673,460,\backslash$table$[[$Acct Name$],[$Accounts Receivable$]],$Amount,Acct Name,Amount,Name,Amount$],[$COGS$,(8,599,442),\backslash$table$[[$Accounts Receivable$],[$Inventory$]],(7,900),8,,$sh Collected from Customers,$13,665,560$