Question: The Year 2 income statement is shown next. Required a. Prepare the operating activities section of the statement of cash flows using the direct method.

The Year 2 income statement is shown next. Required a. Prepare the operating activities section of the statement of cash flows using the

The Year 2 income statement is shown next. Required a. Prepare the operating activities section of the statement of cash flows using the direct method. b. Prepare the operating activities section of the statement of cash flows using the indirect method. Complete this question by entering your answers in the tabs below. Prepare the operating activities section of the statement of cash flows using the direct method. (Cash outflows should be indicated with a minus sign.) The Year 2 income statement is shown next. Required a. Prepare the operating activities section of the statement of cash flows using the direct method. b. Prepare the operating activities section of the statement of cash flows using the indirect method. Complete this question by entering your answers in the tabs below. Prepare the operating activities section of the statement of cash flows using the indirect method. (Cash outflows should be indicated with a minus sign.)

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