The income statement of Oriole Company is presented here. Oriole Company Income Statement For the Year...

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The income statement of Oriole Company is presented here. Oriole Company Income Statement For the Year Ended November 30, 2027 Sales revenue $7.502,400 Cast of goods sold Beginning inventory $2,081.800 Purchases 4,310.200 Goods available for sale 6,392.000 Ending inventory 1.691.000 Total cost of goods sold 4.701.000 Gross profit 2.801,400 Operating expenses Selling expenses 450.000 Administrative expenses 711300 1161.500 Net income $1,640,100 Additional information: 1 Accounts receivable decreased $385,200 during the year, and inventory decreased $390,800. 2 Prepaid expenses increased $182.800 during the year. 3. Accounts payable to suppliers of inventory decreased $141.000 during the year. 4. Accrued expenses payable decreased $109.800 during the year. 5. Administrative expenses include depreciation expense of $110,900. Prepare the operating activities section of the statement of cash flows for the year ended November 30, 2027, for Oriale, using the direct method. ORIOLE COMPANY Statement of Cash Flows (Partial) - Direct Method For the Year Ended November 30, 2017 Cash Flows from Operative Activities Net Cash Provided by Operating Activities eTextbook and Media Save for Later Last saved 22 hours ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. 110900 1751000 1890400 Attempts: 2 of 3 used Submit Answer The income statement of Oriole Company is presented here. Oriole Company Income Statement For the Year Ended November 30, 2027 Sales revenue $7.502,400 Cast of goods sold Beginning inventory $2,081.800 Purchases 4,310.200 Goods available for sale 6,392.000 Ending inventory 1.691.000 Total cost of goods sold 4.701.000 Gross profit 2.801,400 Operating expenses Selling expenses 450.000 Administrative expenses 711300 1161.500 Net income $1,640,100 Additional information: 1 Accounts receivable decreased $385,200 during the year, and inventory decreased $390,800. 2 Prepaid expenses increased $182.800 during the year. 3. Accounts payable to suppliers of inventory decreased $141.000 during the year. 4. Accrued expenses payable decreased $109.800 during the year. 5. Administrative expenses include depreciation expense of $110,900. Prepare the operating activities section of the statement of cash flows for the year ended November 30, 2027, for Oriale, using the direct method. ORIOLE COMPANY Statement of Cash Flows (Partial) - Direct Method For the Year Ended November 30, 2017 Cash Flows from Operative Activities Net Cash Provided by Operating Activities eTextbook and Media Save for Later Last saved 22 hours ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. 110900 1751000 1890400 Attempts: 2 of 3 used Submit Answer