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Ames Company reported 2014 net income of $153,450. During 2014, accounts receivable increased by $14,630and accounts payable increased by $9,880. Depreciation expense was $42,050. Prepare

Ames Company reported 2014 net income of $153,450. During 2014, accounts receivable increased by $14,630and accounts payable increased by $9,880. Depreciation expense was $42,050.

Prepare the cash flows from operating activities section of the statement of cash flows.(Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Ames Company Cash Flow Statement For the year 2014
Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash Used by Financing ActivitiesNet Cash Used by Investing ActivitiesNet Cash Used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
Decrease in Accounts PayableDecrease in Accounts ReceivableNet IncomeDepreciation ExpenseIncrease in Accounts ReceivableIncrease in Accounts Payable $
Adjustments to reconcile net income to
Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash Used by Financing ActivitiesNet Cash Used by Investing ActivitiesNet Cash Used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
Depreciation ExpenseIncrease in Accounts PayableIncrease in Accounts ReceivableDecrease in Accounts PayableDecrease in Accounts ReceivableNet Income $
Increase in Accounts ReceivableDepreciation ExpenseIncrease in Accounts PayableDecrease in Accounts PayableDecrease in Accounts ReceivableNet Income
Decrease in Accounts ReceivableDepreciation ExpenseNet IncomeDecrease in Accounts PayableIncrease in Accounts PayableIncrease in Accounts Receivable
Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash Used by Financing ActivitiesNet Cash Used by Investing ActivitiesNet Cash Used by Operating ActivitiesNet Decrease in CashNet Increase in Cash

$

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