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Arundel Company disclosed the following information for its recent calendar year. Inoue Statement Data Reven Expenses Ealaries expense Selected Tear-End Balance Sheet Data $
Arundel Company disclosed the following information for its recent calendar year. Inoue Statement Data Reven Expenses Ealaries expense Selected Tear-End Balance Sheet Data $ 100,000 Accounts receivable decrease Purchased a nachine for cash 84,000 Salaries payable increase $ 24,000 10,000 18,000 8,000 Utilities expense 14,000 Interest payable decrease Depreciation expense 14.600 Het loss 3,400 $16,000) Interest expense Prepare the operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be Indicated with a minus sign.) Statement of Cash Flow (partial) Cash flows from operating activities-indirect method Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes in current assets and labetes
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