M12-4 Computing Cash Flows from Operating Activities (Indirect Method) [LO 12-2] The independent cases are listed below includes all balance sheet accounts related to operating activities: Net income Depreciation expense Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) Case A Case B Case C $389,000 $ 14,500 $419,000 39,000 149,000 79,000 98,000 (199,000) (19,000) (49,000) 34,000 49,000 (49,000) 119,000 69,000 59,000 (219,000) (39,000) 33 YES Show the operating activities section of cash flows for each of the given cases. (Amounts to be deducted should be indicated with a minus sign.) Case 5 309,000 5 14,500 $ 419,000 Print References 39,000 149.000 79.000 Not Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities Depreciation Changes in Assets and Liabildes Accounts Receivable Inventory Accounts Payable Accrued Liabilities Not Cash Provided by Operating Activities (49,000) 34.000 (49,000) 119,000 59.000 219.000 $ 309.000 $ 535,500 5 490,000