Short Answer: All work should be performed in EXCEL. These questions are similar to the homework. Please show all work, you earn credit by illustrating how you got the answer and for the answer itself. Even if your ultimate answer is incorrect, by showing your work, you can earn partial credit. Please read the question to fully understand what is being asked. Good Luck. 20 Using the indirect method, calculate the amount of cash flows from operating actjvities from the following data: Net income Beginning accounts receivable Ending accounts receivable Beginning prepaid expenses Ending prepaid expenses Beginning accounts payable Ending accounts payable Depreciation expense Amortization of intangible asset Dividends declared and paid $230,000 22,000 26,000 5.000 2,000 15,000 14.000 55,000 3,000 11,000