1.The current period statement of cash flows indudes the following: Cash balance at the beginning of the period $466,406 Net cash flow from operating activities 157,012 Net cash flow used for investing activities 46,661 Net cash flow used for financing activities 104,721 The cash balance at the end of the period is a.$151,382 C b.$774,800 C c.$472,036 d.$158,012 2. Accounts receivable from sales transactions were $46,964 at the beginning of the year a at the end of the year. Net income reported on the income statement for the year was $129 Exclusive of the effect of other adjustments, the cash flows from operating activities to be r the statement of cash flows prepared by the indirect method is a.$13,210 b.$116,608 C c.$129,818 C d.$143,028 7. The following information is available from the current period financial statements: Net income $115,910 Depreciation expense 20,949 Increase in accounts receivable 20.645 Decrease in accounts payable 18,861 The net cash flow from operating activities using the indirect method is a.$96,745 C b.$115.910 c.$97,353 d.$176.365 a