atement for FOX Company follow: to view the income statement.) Data table Cash Accounts Receivable, Inventory Accounts Payable Wages Payable FOX Company Account Balances as at December 31 2015 2014 $ 33,500 $ 5,000 35,100 18,700 14.600 20,800 15,800 19,600 3,400 1,500, Print Done MacBook Air -X nt for FOX Company follow: the income statement.) Data table FOX Company Income Statement For the Year Ended December 31, 2015 Sales $ 246,500 Cost of Goods Sold $ 180,300 Wages 43.700 Supplies 5,600 Property Taxes 2,900 Utilities 2,000 Loss on Disposal of Equipment 4,600 Depreciation of Capital Assets 2.700 241,800 Net Income $ 4.700 Print Done - X Come statement for FOX Company follow: he icon to view the income statement.) More info In addition, the following information is available: Accounts Payable balances resulted from merchandise inventory purchases. The book value of the equipment was $13,200. Signed a 7%, 10-year note payable in exchange for a building with a market value of $83,000. Issued 2,000 new common shares at $10 per share. Print Done - t for FOX Company follow: the income statement.) aat panthad Requirements 1. Prepare a statement of cash flows for FOX, using the indirect method. 2. Prepare the cash flow from operating activities section by using the direct method. Print Done MacBook Air - X This q Comparative selected account balances and an unclassified income statement for FOX Company follow: Requirement 1. Prepare a statement of cash flows for FOX, using the indirect method. Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use parent FOX Company Statement of Cash Flows For the Year Ended December 31, 2015 Cash flows from operating activities: Net income Adjustments to reconcile net income to net cash provided by operating activities: Net cash provided by (used for) operating activities Cash flows from investing activities: Net cash provided by (used for) investing activities Cash flows from financing activities: MacE Comparative selected account balances and an unclassified income statement for FOX Company follow: Cash flows from investing activities: Net cash provided by (used for) investing activities Cash flows from financing activities: Net cash provided by (used for) financing activities Net increase (decrease) in cash during the year Cash balance, December 31, 2014 Cash balance, December 31, 2015 Noncash investing and financing activities: Requirement 2. Prepare the cash flow from operating activities section by using the direct method. FOX Company Statement of Cash Flows For the Year Ended December 31, 2015 Cash flows from operating activities: Receipts: Total cash receipts MacBo