Question: Use the following selected data about Roar Ltd. and prepare the operating activities section of a statement of cash flows for the company for

Use the following selected data about Roar Ltd. and prepare the operating

Use the following selected data about Roar Ltd. and prepare the operating activities section of a statement of cash flows for the company for 2022 using the indirect method. Balance Sheet Data Accounts receivable Inventories Accounts payable Salaries payable Equipment Accumulated depreciation Bonds payable Common stock Retained earnings 2022 $36.000 28.000 31.000 2.000 60.000 12.000 50.000 150.000 38.000 Income Statement Data Net sales Cost of goods sold Operating expenses (excluding depreciation expense) Net income Gain on sale of equipment (including in net income above) 2021 $42.000 25.000 35.000 1.000 40.000 16.000 100.000 100.000 20.000 2022 $420.000 300.000 84.000 30.000 2.000

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