QS 16-5 Indirect: Computing cash flows from operations LO P2 Net income Depreciation expense Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) Twix Dots $ 7,990 $198,000 59,300 15,800 79, 100 39,500 (39,600) (19,800) 47,500 (43,600) (87,100) 23,800 Skor $142,800 47,600 (7,900) 19,800 27,700 (15,800) For each separate company, compute cash flows from operations using the indirect method. (Amount indicated by a minus sign.) Dots 198,000 $ Skor 142,800 Cash Flows from Operating Activities (Indirect) Twix Net income 7,900 $ Adjustments to reconcile net income to net cash provided by operations Depreciation 59,300 Accounts receivable Inventories Accounts payable Accrued liabilities 15,800 47,600