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The following information is for FloorCo, Inc. for the year just ended:

Floor Company did not record any gains or losses during the year.

Required:

Prepare a schedule of net cash provided by operating activites.

$($Use cells A$6$ to C$15$ from the given information to complete this question. Negative amounts or amounts to be deducted should be input and displayed as

negative values.$)$Preparing the Operating Activities of a Statement of Cash Flows

FloorCo, Inc. has provided data from its previous year of operations. The Controller has asked you to prepare the Operating Activities

Section of the Statement of Cash Flows.

Here are some tips for using Excel:

Cell Reference: Allows you to refer to data from another cell in the worksheet. If you entered $"=$B$5"$ into a blank cell, the formula

would output the value from cell B$5.$

Basic Math Functions: Allow you to use the basic math symbols to perform mathematical functions. You can use the following keys:

$($plus sign to add$),-($minus sign to subtract$),*($asterisk sign to multiply$),$ and $/($forward slash to divide$).$ For example, if you entered

$"=$B$4+$B$5"$ in a blank cell, the formula would add the values from those cells and output the result.

SUM Function: Allows you to refer to multiple cells and adds all the values. You can add individual cell references or ranges. If you

entered $"=$SUM$($C$4,$C$5,$C$6)"$ into a blank cell, the formula would output the result of adding those three separate cells. Similarly, if you

entered $"=$SUM$($C$4$:C$6)",$ the formula would output the same result of adding those cells.

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