Reporting Net Cash Flow from Operating Activities The following information is available for Cornelius Inc.: Selected...

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Reporting Net Cash Flow from Operating Activities The following information is available for Cornelius Inc.: Selected Income Statement Information Net income Depreciation expense Amount $34,230 8,200 Selected Balance Sheet Information Beginning Balance Ending Balance. Accounts receivable $21,200 $27,950 Inventory 45,800 40,125 Accounts payable 23,700 32,600 Required: Prepare the net cash flows from operating activities using the indirect method. Use a minus sign to indicate any decreases in cash or cash flows. Cornelius Inc. Net Cash Flows from Operating Activities Cash flows from operating activities: Using Indirect Method Adjustments to reconcile net income to net cash flow from operating activities: Net cash provided by operating activities Reporting Net Cash Flow from Operating Activities The following information is available for Cornelius Inc.: Selected Income Statement Information Net income Depreciation expense Amount $34,230 8,200 Selected Balance Sheet Information Beginning Balance Ending Balance. Accounts receivable $21,200 $27,950 Inventory 45,800 40,125 Accounts payable 23,700 32,600 Required: Prepare the net cash flows from operating activities using the indirect method. Use a minus sign to indicate any decreases in cash or cash flows. Cornelius Inc. Net Cash Flows from Operating Activities Cash flows from operating activities: Using Indirect Method Adjustments to reconcile net income to net cash flow from operating activities: Net cash provided by operating activities