The following summany data are for Queue Company.

All current assets and current liabilities relate to operations.
Instructions:
1. Compute net cash provided by (used in) operating activities for 2001 and 2002.
2. How would the numbers you computed in (1) change if Queue had decided to delay payment of \($50,000\) in accounts payable from late 2001 to early 2002? This will increase both cash and accounts payable as of December 31, 2001; the December 31. 2002, amounts will be unaffected.
3. Ignore the change described in (2). How would the numbers you computed in (1)
change if Queue had decided to delay purchase of \($50,000\) of inventor}- for cash from late 2001 to early 2002? 

This will increase cash but decrease inventory as of December 31, 2001; the December 31, 2002, amounts will be unaffected.
4. Can net cash from operations be manipulated? Explain your answer.

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Cash Other current assets Current liabilities Depreciation expense Net income 2002 $ 75,000 450,000 2001 $ 70,000 2000 $ 60,000 400,000 370,000 335,000 240,000 250,000 50,000 48,000 41,000 65,000 57,000 54,000