Please help me with A and B.

Exercise 14-7
	Date		Account Titles and Explanation				PR	Debit	Credit
(a)
(b)
(c)

Ex 14-7 Cash flows from The income statement disclosed the following items for 2016: operating activities-indirect method OBJ. 1,2 Net cash flow from operating activities, $525,410 Depreciation expense Gain on disposal of equipment Net income 57,600 33,600 508,000 SHOW ME HOVw Balances of the current assets and current liability accounts changed between Decem- ber 31, 2015, and December 31, 2016, as follows: Increase Inventory Prepaid insurance Accounts payable Income taxes payable Dividends payable 8,960 (5,120) 1,920) (6,080) 1,410 2,200 a. Prepare the Cash Flows from Operating Activities section of the statement of cash lows, using the indirect method. b. Brielly explain why net cash flows from operating activiies is different than net income