Question: PA12-2 (Algo) Computing Cash Flows from Operating Activities (Indirect Method) [LO 12-2] The income statement and selected balance sheet information for Direct Products Company for

12-2] The income statement and selected balance sheet information for Direct Products

PA12-2 (Algo) Computing Cash Flows from Operating Activities (Indirect Method) [LO 12-2] The income statement and selected balance sheet information for Direct Products Company for the year ended December 3t are presented below. Required: Prepare the cash fiows from operating activitues section of the statement of cash flows using the indirect methodi (Amounts to be derlurtad shnuld he incilented with minus sien) Required: Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)

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