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3 Arundel Company disclosed the following information for its recent calendar year. 4.76 points Income Statement Data Revenues Expenses: Salaries expense Utilities expense Depreciation expense

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3 Arundel Company disclosed the following information for its recent calendar year. 4.76 points Income Statement Data Revenues Expenses: Salaries expense Utilities expense Depreciation expense Interest expense Net loss Selected Year-End Balance Sheet Data $ 115,000 Accounts receivable decrease Purchased a machine for cash 70,000 Salaries payable increase 33,000 Interest payable decrease 31,200 8.900 $ (20, 100) $ 25,000 22,000 27,000 12,000 eBook Hire Print Prepare the operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted shou indicated with a minus sign.) References Statement of Cash Flows (partial) Cash flows from operating activities indirect method Net Income Net loss $ 0 Help 4 Fitz Company reports the following information 476 points Selected Annual income statement Data Selected Year-End Balance sheet Data Net Income 415,000 Accounts receivable decrease Depreciation expense 5 71,200 44,600 Inventory decrease 49.000 Amortisation expense 7.600 Prepaid expenses increase 5,000 Gain on sale of plant assets 7,400 Accounts payable decrease 3.600 Salaries payable Increase 1,400 Use the indirect method to prepare the operating activities section of its statement of cash flows for the year ended December 31 (Amounts to be deducted should be indicated with a minus sign.) elook Hint Print References Statement of Cash Flows (partian Cash flows from operating activities Adjustments to reconcle net income to be cash provided by operating activities Income statement items not affecting cash Net cash provided by financing activities Net cash provided by investing activities Net cash provided by operating activities Net cash used in financing activities

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