13-2 (similar to) ander Corporation began the year with accounts receivabl ertory, and prepaid expenses tong 509,000. Al the end of the year, Master had a lot of $70,000 for the current Althe beginning of the year, I owed current 546,000, and a year-end, current abilities totaled $44.000. Net income for the year was 560,000 Included in income was a $2.000 gain on the sale of land and depreciation expense of $7.000 Show how Master should report cash flows from opening s for the year. The company uses the directedUse parts of a won for numbers to be braced) Maxter Corporation Statement of Cash Flows Operating Activities Section indirect Method) For the Year Ended Adjustments to contiene income to net cash provided by operating activities Net cash provided by used for operating activities Choose from any list or enter any number in the input fields and then click Check Answer Check Answer Maxter Corporation began the year with accounts receivabile inventory, and prepaid expenses totaling $19.000. Al the end of the year. Mader had a total of $70.000 for the current the beginning of the year, wede $46,000, and at year-end, current abilities totaled $44.000. Net income for the year was $88.000. Included in net income was a $2.000 gain on the sale of land and depreciation expense of $7.000 Show how Maxter should report cash flows from operating activities for the year. The company use the indirect method. (Use parentheses or a minus sign for numbers to be used) Master Corporation Statement of Cash Flows-Operating Activities Section (Indirect Method) For the Year Ended Cash flows from operating activities Adjustments to reconcile net income to net cash provided by operating activities Net cash provided by used for operating activities