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At December 31 Current assets Cash Accounts receivable Inventory Current liabilities Accounts payable Income taxes payable 2021 $ 91,650 32,000 67,000 44,400 2,750 2020 $
At December 31 Current assets Cash Accounts receivable Inventory Current liabilities Accounts payable Income taxes payable 2021 $ 91,650 32,000 67,000 44,400 2,750 2020 $ 33,800 46,000 55,500 32,700 3,600 Use the information above to calculate cash flows from operating activities using the indirect method. Note: Amounts to be deducted should be indicated by a minus sign.
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