The following information is available for Bernard Corporation:

Net income

$210,000

Decrease in income taxes payable

$4,270

Decrease in accounts receivable

6,300

Increase in notes payable (due in 5 years)

50,000

Increase in inventory

18,300

Depreciation expense

44,700

Decrease in prepaid rent

2,100

Loss on disposal of equipment 11,000

Increase in salaries payable

4,410

This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answer in the question below.

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The following information is available for Bernard Corporation: Decrease in income taxes Net income $210,000 $4,270 payable Decrease in accounts 6,300 receivable Increase in notes payable (due in 5 years) 50,000 Increase in inventory 18,300 Depreciation expense 44,700 Decrease in prepaid 2,100 Loss on disposal of equipment 11,000 rent Increase in salaries 4,410 payable This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answer in the question below. X Open spreadsheet Required: Compute the net cash flows from operating activities using the indirect method. X The following information is available for Bernard Corporation: Decrease in income taxes Net income $210,000 $4,270 payable Decrease in accounts 6,300 receivable Increase in notes payable (due in 5 years) 50,000 Increase in inventory 18,300 Depreciation expense 44,700 Decrease in prepaid 2,100 Loss on disposal of equipment 11,000 rent Increase in salaries 4,410 payable This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answer in the question below. X Open spreadsheet Required: Compute the net cash flows from operating activities using the indirect method. X