value: 0.22 points M12-12 Computing Cash Flows from Operating Activities (Direct Metho The independent cases are listed below that includes all items relevant to operating activities: Sales revenue Cost of goods sold Depreciation expense Salaries and wages expense Net income Accounts receivable increase (decrease) inventory increase (decrease) Accounts payable increase (decrease) Case A Case B Case C $ 64,000 54,000 $ 98,000 34,500 25,500 71,200 11,100 90 27,100 4,900 12,900 7,900 13,500 13,700 (8,200) (1,200) 3,900 2,900 0 (2,900) 0 2,400 (1,200) 1,900 Salaries and w Com be indicated with a minus sign.) pute cash flows from operating activities using the direct method. (Amounts to be deducted Case ACase B Case C Cash Collected from Customers Cash Payments to Suppliers Cash Payments for Salaries and Wages Net Cash Provided by Operating Activities References eBook & Resources Type here to search Si Dll dx F2 1i d) F4 F6