Question: please help Using the indirect method, calculate only the net cash flow from operating activities for Culver Company for the year ended May Culver Company,



Using the indirect method, calculate only the net cash flow from operating activities for Culver Company for the year ended May Culver Company, a major retaller of bicycles and accessories, operates several stores and is a publicly traded company. The comparative balance sheet and income statement for Culver as of May 31,2025, are as follows. The compamy is preparing its statement of cash flows. The following is additional information concerning Culver's transactions during the year ended May 31,2025 . 1. All sales during the vear were made on account. 2. All merchandise was purchased on account, comprising the total accounts payable account. 3. Plant assets costing \\( \\$ 97,000 \\) were purchased by payine \\( \\$ 26,000 \\) in cash and issuing 7,100 shares of stack- 4. The \"other expenses\" are related to prepaid items. 5. Ali income taves incurred during the year were paid during the year. 6. In order to supplement its cash, Culver issued 1,900 shares of common stock at por value 7. Cash dividends of \\( \\$ 105,900 \\) were declared and paid at the end of the fiscal year
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