104) WATS (54) START YOUR... w Drew LSAT Coach 7 Tips to Help You.. -d-to-Know Videos Saved Help Save & Exit Submit QS 12-4 Indirect: Computing cash flows from operations LO P2 Cain Inc. reports net income of $15,000. Its comparative balance sheet shows the following changes: accounts receivable increased $6,000; inventory decreased $8,000; prepaid insurance decreased $1,000; accounts payable increased $3,000 and taxes payable decreased $2,000. Compute cash flows from operations using the indirect method. (Amounts to be deducted should be indicated by a minus sign.) 5246 bed Cash Flows from Operating Activities (Indirect) ook Print Adjustments to reconcile net income to net cash provided by operating activities Changes in current assets and liabilities erences $ 0 Me GEW