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Annual Income Statement Data Sales Expenses: Cost of goods sold Wages expense Amortization expense Net income Selected Year-End Balance Sheet Data $ 60,000 Wages payable
Annual Income Statement Data Sales Expenses: Cost of goods sold Wages expense Amortization expense Net income Selected Year-End Balance Sheet Data $ 60,000 Wages payable decrease Inventory increase 37,000 Accounts payable decrease 11,900 2,000 $ 9,100 $ 3,300 590 2,200 Prepare the operating activities section of the statement of cash flows for Green Garden using the indirect metho deducted should be indicated with a minus sign.) Answer is not complete. > Statement of Cash Flows (partial) Cash flows from operating activitiesindirect method Net income Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Amortization expense > Changes in current operating assets and liabilities Accounts payable increase Inventory increase Wages payable decrease 0
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