2 1.25 points eBook Print References Alfonza Incorporated presents its statement of cash flows using the indirect method. The following accounts and corresponding balances were drawn from the company's Year 2 and Year 1 year-end balance sheets: Account Title Year 2 Accounts receivable Accounts payable $ 15,100 7,500 The Year 2 income statement showed net income of $28,000. Year 1 $ 18,300 10,350 Required a. Prepare the operating activities section of the statement of cash flows. Note: Amounts to be deducted should be indicated with a minus sign. Cash flows from operating activities: Net cash flow from operating activities Check my wor

Alfonza incorporated presents its statement of cash flows using the indirect method. The following accounts and corresponding balances were drawn from the company's Year 2 and Year 1 yearend balance sheets: The Year 2 income statement showed net income of $28,000. Requited a. Prepare the operating activities section of the statement of cash flows. Note: Amounts to be deducted should be indicated with a minus sign