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as soon as possible please yer operating activities Prepare the operating activities section of the statement of cash flows for 2008 using the man rect
as soon as possible please yer operating activities Prepare the operating activities section of the statement of cash flows for 2008 using the man rect method 6-12 The current sections of Blues Traveler Co. balance sheets at December 31, 2007 and are presented below: BLUES TRAVELER CO. Comparative Balance Sheets (partial) December 31 2008 2007 Current assets Cash $105,000 $ 99,00) Accounts receivable 110,000 85.000 Inventory 171.000 1860 Prepaid expenses 27,000 32.000 Total current assets $413.000 $402.000 Current liabilities Accrued expenses payable $ 15,000 $ 5.000 Accounts payable 88,000 92.000 Total current liabilities $103.000 $ 97.000 Blues Traveler's net income for 2008 was $163,000. Depreciation expense was $30,000. Instructions Prepare the operating activities section of Blues Traveler's statement of cash flows for the year ended December 31, 2008, using the indirect method
as soon as possible please
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