Year 1 Year 2 Year 3 Year 1 Year 2 Year 3 Checks C4: Direct OCF - Indirect OCF= 0 Inputs Income statement Sales COGS Salary expense Insurance expense Depreciation expense Interest income Interest expense Tax rate Indirect OCF Adjustments Adjustment due to depreciation expense Adjustment to reconcile NI to OCF due to (increase) decrease in receivables: A increase (decrease) in deferred revenue: L (increase) decrease in inventories: A increase (decrease) in accounts payable: L increase (decrease) in accrued salaries: L (increase) decrease in prepaid insurance: A increase (decrease) in taxes payable: L 1000.00 1100.00 1345.00 145.00 234.00 213.00 200.00 298.00 712.00 257.00 289.00 324.00 134.00 110.00 89.00 4.43 11.61 19.67 5.64 13.20 16.47 25.00% 25.00% 25.00% 134.00 110.00 89.00 -192.00 -55.00 71.00 54.00 9.00 19.00 -49.00 -28.00 29.00 45.00 19.00 -18.00 67.00 34.00 -42.00 -38.00 -19.00 21.00 3.50 -2.00 1.80 Year 1 Year 3 (THREE) Direct Operating Cash Flow Statement Make sure you read the pdf linked above Cash received from customers Cash (paid) to suppliers (Put minus sign (-) before a number to be subtracted] Cash (paid) for salaries (Put minus sign (-) before a number to be subtracted] Cash (paid) for insurance [Put minus sign (-) before a number to be subtracted] Cash received as interest Cash (paid) for interest [Put minus sign (-) before a number to be subtracted] Cash (paid) for taxes (Put minus sign (-) before a number to be subtracted] blllll