Question: Cash flows from operating activities for both the indirect and direct methods are presented for Reverse Logic. All amounts are in thousands (000s). Required: Complete
Cash flows from operating activities for both the indirect and direct methods are presented for Reverse Logic. All amounts are in thousands (000s).

Required:
Complete the following income statement for Reverse Logic. Assume all accounts payable are to suppliers.

[Hint: Use the following calculations and work back wards from bottom (in red) to top for each item.]


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