Question: Please see attached image for the question I. . . u... ._..-'- Presented below is the latest income statement of 3m Corp.: Sales 5 stomp

Please see attached image for the question

Please see attached image for the question I." . . u... ._..-'-

I." . . u... ._..-'- Presented below is the latest income statement of 3m Corp.: Sales 5 stomp Cost of goods sold samba Gross prot S 3250!? Operating expenses 13.5% Income before income taxes lb Income taxes 42 gm Net income m In addition, the following information related to net changes in working capital is available: Debi: grggg Cash 5 l Accounts receivable {net} 12,{i Inventories S 29,1 Salaries payable {operating expenses} spot: Accounts payable 13,530 Income tax payable 4,5D BXU Ltd. also reports that depreciation expense for the year was 5 ECLSSD and that the deferred tax liability account increased 533$). a. Prepare a schedule calculating the net cash flow from operating activities that would be shown on a statement of cash ows using the direct method

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