M12-12 Computing Cash Flows from Operating Activities (Direct Method) [LO 12-6 The independent cases are listed below that includes all items relevant to operating activities: Case A Case B Case C $ 66,000 $ 56,000 $ 97,000 5,50026,500 65,500 10,100 2,10026,100 5,100 13,1008,100 5,30014,300(2,700) (1,100) 4,1003,100 0 (3,100) 0 2,600 (1,100) 1,100 Sales revenue Cost of goods sold Depreciation expense Salaries and wages expense Net income Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Salaries and wages payable increase (decrease) 2,100 1,550 (2,100) Compute cash flows from operating activities using the direct method. (Amounts to be deducted should be indicated with a minus sign.) Case A CaseB Case C Cash Collected from Customers Cash Payments to Suppliers Cash Payments for Salaries and Wages Net Cash Provided by Operating Activities SOSOSO MAAN