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2 Arundel Company disclosed the following information for its recent calendar year. Encos Statement Data 56 Revenues Expenses Salaries expense Utilities expense Interest expen
2 Arundel Company disclosed the following information for its recent calendar year. Encos Statement Data 56 Revenues Expenses Salaries expense Utilities expense Interest expen eflops Net less Depreciation expense Selected Year-End Balance Sheet Data 1,000 Accounts receivable decrease Purchased a machine for cash 35,000 Salaries payable increase 20,000 Interest payable decrease (47,200) $24,000 17,000 14,000 Prepare the operating activities section of the statement of cash flows using the indirect method (Amounts to be deducted should be indicated with a minus sign) Starmers of Castle (perial) Cash Blows an operating activities-inded method Adjustments to reconcile net income to het cash provided by operating activides Income statement items not affecting cash Changes in current operating assets and liabides
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