1 1 Prepare a schedule of net cash provided by operating activities. - Prepare the Operating Activities Section of a Statement of Cash Flows using the Indire... ? INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW FILE HOME IB M 3 points X Calibri 11 A A Cells Editing Paste BIU &A % Cell Alignment Number Conditional Format as Formatting Table Styles Styles eBook Clipboard Font Print A1 The following information is for FloorCo, Inc. for the year just ended: F G H B D E 1 The following information is for FloorCo, Inc. for the year just ended: 2 3 4 Beginning of year End of year $ 75,000 $ 158.000 285,000 11.000 90,000 140,000 246,000 16,000 5 Current assets: 6 Cash 7 Accounts receivable 8 Inventory 9 Prepaid expenses 10 11 Current liabilities 12 Accounts payable 13 Accrued liabilities 14 Income taxes payable 15 16 Net income 17 284.000 9,500 27,000 302,000 11,200 24,000 $ 94.500 Mc Graw Prey 1 of 4 Next > E G H 1 ts eBook Print B E D 1 The following information is for FloorCo, Inc. for the year just ended: 2 3 Beginning of 4 End of year year 5 Current assets: 6 Cash $ 75,000 $ 90,000 7 Accounts receivable 158,000 140,000 8 Inventory 285.000 246,000 9 Prepaid expenses 11,000 16,000 10 11 Current liabilities 12 Accounts payable 284,000 302.000 13 Accrued liabilities 9.500 11.200 14 Income taxes payable 27.000 24,000 15 16 Not income $ 94,500 17 18 Accumulated depreciation 19 total credits $ 45,000 20 21 Floor Company did not record any gains or losses during the year. 22 23 Prepare a schedule of net cash provided by operating activities, Sheets READY Attempt(s) + 100% Show F B 1 nts eBook Print X f The following information is for FloorCo, Inc. for the year just ended! D E G H 19 total credits $ 45.000 20 21 Floor Company did not record any gains or losses during the year. 22 23 Prepare a schedule of net cash provided by operating activities. 24 25 FloorCo, Inc 26 Operating Activities Section of the Statement of Cash Flows 27 28 Net income 29 Adjustments to reconcile net income to net cash provided by operations 30 Depreciation 31 Increase in accounts receivable 32 Increase in inventory 33 Decrease in prepaid expenses 34 Decrease in accounts payable 35 Decrease in accrued liabilities 36 Increase in income taxes payable 37 Net cash provided by operating activities 38 39 40 41 Sheet1 READY Attempt(s) 100% EME