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amount descriptions are as follows Instructions Balances of the current asset and current liability accounts at the end and beginning of the year are as

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Instructions Balances of the current asset and current liability accounts at the end and beginning of the year are as follows: End Cash Accounts Receivable (net) Beginning $73,000 60,000 47,000 37,000 3,800 $67.000 73,000 54,000 43,000 2,800 210,000 70,000 67,000 Inventories Accounts Payable (merchandise creditors) Salaries Payable Sales (on account) Cost of Merchandise Sold Operating Expenses Other Than Depreciation for the Amount Descriptions is provided for the exact Use the direct method to prepare the cash flows from operating activities section of a statement of cash flows wording of the answer choices for text entries. Use a minus sign to indicate cash payments Amount Descriptions Cash received from customers Cash payments for merchandise Cash payments for operating Expenses Net cash flow from operating activities Net cash flow used for operating activities

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