10.00 points New Vision Company completed its income statement and balance sheet and provided the following information: Service Revenue Expensas 68,300 isand Wages 542,150 7,330 6,030 Utlities Office Net Income 1.85057.360 S 8,940 $12,300 5,300 9,300 4,400 Decrease in Accounts Receivable Paid Cash for Equipment Increase in Salaries and Wages Payable Decrease in Accounts Payable Required: 1. Present the operating activities section of the statement of cash flows for New Vision Company using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) VISION C Cash Flow from Operating A Method cile Net Income to to Provided by Operating Activities Changes in Current Assets and Current Liabilities 2. Of the potential causes of differences between cash flow from operations and net income, which are the most important to financial analysts? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answers and double click the box with the question mark to empty the box for a wrong answers.) Changes in Management of Operating Activities Changes in Revenue and Expense Recognition. Different Methods of Preparing Cash Flows and Income Statement