Question: Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Instructions Prepare a statement of cash flows, using

Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities.

Prepare a statement of cash flows, using the indirect method of presenting

cash flows from operating activities. Instructions Prepare a statement of cash flows,

Instructions Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. PR 16-2B Statement of cash flows-indirect method The comparative balance sheet of Harris Industries Inc at December 31, 2016 and 2015 is as follows: t of Harris Industries Inc, at Dec Net cash flow from 561,400 operating activities, Dec. 11, 2016 Dec. 31, 2015 s 443,240 665,280 887,880 31,640 302,400 1,713,600 360,920 592 200 1,022.560 Cash Accounts receivable (net) Inventories Prepaid expenses Land Buildings Accumulated depreciation-buildings Machinery and equipment Accumulated depreciation-machinery and equipment Patents 302,400 1,134,000 (414,540) 781,200 (191,520) 112000 53,724,420 781.200 (214.200) Continued)

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