The income statement and other selected data for Boyer Company follow:

Required
a. Prepare a schedule of change from an accrual basis to a cash basis income statement.
b. Using the schedule of change from accrual basis to cash basis income statement computed in (a), present the cash provided by operations, using (1) the direct approach and (2) the indirectapproach.

BOYER COMPANY Income Statement For Year Ended December 31, 2009 Sales Operating expenses: $19,000 2,300 12,000 Depreciation expense Other operating expenses Operating income Loss on sale ofland Income before tax expense Tax expense Net income 14.300 4,700 ,500 3,200 1,000 2,200 Supplemental information: a. Dividends declared and paid b. Land purchased c. Land sold d. Equipment purchased e. Bonds payable retired f. Common stock sold g. Land acquired in exchange for common stock h. Increase in accounts receivable i. Increase in inventories j. Increase in accounts payable k. Decrease in income taxes payable S 800 3,000 500 2,000 2,000 1,400 3,000 400 800 500 400