Anakin, Inc., provides the following account balances for 2013 and 2012:
.............................................................. Dec. 31, 2013 ...............Dec. 31, 2012
Accounts Receivable . . . . . . . . . . . . . . . . . . . . . . . . . $ 19,100 . . . . . . . . . . . . . . . . . . $15,500
Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25,440 . . . . . . . . . . . . . . . . . . . 27,200
Accounts Payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21,650 . . . . . . . . . . . . . . . . . . . 22,400
Salaries Payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,500 . . . . . . . . . . . . . . . . . . . 1,350
Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 278,700
Cost of Goods Sold . . . . . . . . . . . . . . . . . . . . . . . . . . . 197,000
Depreciation Expense . . . . . . . . . . . . . . . . . . . . . . . . . . 16,700
Salaries Expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35,200
Other Expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24,300
Using the format presented in the chapter, prepare the Operating Activities section of the statement of cash flows and present that information using
(a) The direct method and
(b) The indirect method.