Determining Net Cash Flow from Operating Activities}

Presented below are selected statement of financial position information and the statement of earnings information for Burch Company.

\section*{Required:}
Compute the net cash flows from operating activities using the indirect method.
Brief Exercise

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Selected Statement of Financial Position Information Dec. 31, 2018 Dec. 31, 2017 Cash $20,000 $17,500 Accounts receivable 10,500 8,000 Inventory 18,000 21,000 Accounts payable 15,000 10,000 Income taxes payable 1,000 2,500