Use the information from E9-24A to calculate the cash flow from operations for Very Heavenly Desserts, Inc. Based on the information provided, which method of preparing the statement of cash flows does the company use?

In E9-24A, Use the information given for Very Heavenly Desserts, Inc., to calculate thefollowing:

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From the Financial Statements for Very Heavenly Desserts, Inc. Balance Sheet Income Statement Amount for the Year Beginning of the Year End of the Year Sales revenue Accounts receivable Salary expense Salaries payable Cost of goods sold Inventoryy Accounts payable Income tax expense Income taxes payable Common stock and additional $67,000 $ 8,800 3,000 11,600 $ 3,500 3,250 9,500 18,750 31,200 1,500 1,750 7,500 1,500 1,600 500,000 750,000 paid-in capital