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2 . Using the excel file tab 2 , complete a Statement of Cash Flows for the Operating Cash Flows section Net Income for 2

2. Using the excel file tab 2, complete a Statement of Cash Flows for the Operating Cash Flows section
Net Income for 20X2: $50,000
Depreciation Expense for 20X2: $10,000
Assets 20X120X2
Marketable Securities $17,000 $22,000
Accounts Receivable $21,000 $30,000
Inventory $18,000 $25,000
Prepaid Expenses $12,000 $23,000
Equipment $17,000 $21,000
Liabilities
Accounts Payable $13,000 $19,000
Accrued Expenses $11,000 $12,000
Current Maturities of Long-Term Debt $18,000 $22,000
Long-Term Debt $19,000 $20,000

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