Attached is an excel spreadsheet with my questions.

Comprehensive Problem 4: Part 4 ailey's Chocolates has provided statements of retained earnings, income statements, and balance sheets for the months of January and February 2012. The company wants you to calculate the cash flow from operating activities for the period ending February 2012 using the indirect method. Using the Indirect Method produce a Cash Flow from Operating Activities. Cash Flows from Operating Activities (Indirect Method) Net Cash Flow from Operating Activities Bailey's Chocolates Bailey's Chocolates Income Statement Month Ending January 31, 2012 Income Statement Month Ending February 29, 2012 Revenue Cost of Good Sold Gross Margin Expenses Salary Expense Supplies Expense Office Equipment Expense Rent Expense Insurance Expense Interest Expense-Note Interest Expense-Mortgage Depreciation Expense-Building Depreciation Expense-Equipment Total Expenses Net Income $20,000 (5,000) Revenue Cost of Good Sold Gross Margin Expenses Salary Expense Supplies Expense Office Equipment Expense Rent Expense Insurance Expense Interest Expense-Note Interest Expense-Mortgage Depreciation Expense-Building Depreciation Expense-Equipment Total Expenses Net Income $15,000 900 20 200 1,000 100 100 1,000 1,500 250 $5,070 $9,930 Bailey's Chocolates Liabilities Current Assets Cash $85,260 Accounts receivable 10,600 Inventory 3,220 Supplies 150 Prepaid Office Equipment 150 Prepaid Rent 1,500 Security Deposit 1,500 Prepaid Insurance 400 Total Current Assets $102,780 Property, Plant & Equipment Building 500,000 Acc Dep-Building (1,500) Equipment 9,000 Acc Dep-Equipment (250) 498,500 Total PP & E 8,750 $507,250 Total Assets $610,030 $23,000 (7,000) Retained earnings, January 1, 2012 Net Gain, January 31, 2012 $16,000 1,000 30 225 1,000 100 100 1,000 1,500 250 Less Withdrawals Increase in Retained Earnings Retained earnings, January 31, 2012 Current Liabilities Accounts Payable Salary Payable Total Current Liab Assets Long-Term Liabilities Notes Payable Int Pay-Note Mortgage Payable Int Pay-Mort Total LT Liabilities $48,000 400 480,000 2,000 $530,400 Total Liabilities $534,100 Shareholder's Equity Common Stock $6,000 APIC-Common 60,000 Retained Earnings 9,930 $75,930 Total Equity Total Liab & Equity $610,030 Cash $90,000 Accounts receivable 10,875 Inventory 2,750 Supplies 120 Prepaid Office Equipment 100 Prepaid Rent 500 Security Deposit 1,500 Prepaid Insurance 300 Total Current Assets $106,145 Property, Plant & Equipment Building 500,000 Acc Dep-Building (3,000) Equipment 9,000 Acc Dep-Equipment (500) 497,000 Total PP & E 8,500 $505,500 Total Assets $611,645 $9,930 $9,930 Bailey's Chocolates $5,205 $10,795 Retained earnings, February 1, 2012 Net Gain, February 1, 2012 Less Withdrawals (Dividends) Increase in Retained Earnings Retained earnings, February 29, 2012 Balance Sheet Month Ending February 29, 2012 Liabilities Current Assets $3,500 200 $3,700 $$9,930 Statement of Retained Earnings Month Ending February 29, 2012 Bailey's Chocolates Balance Sheet Month Ending January 31, 2012 Assets Bailey's Chocolates Statement of Retained Earnings Month Ending January 31, 2012 Current Liabilities Accounts Payable Salary Payable Total Current Liab $3,200 150 $3,350 Long-Term Liabilities Notes Payable Int Pay-Note Mortgage Payable Int Pay-Mort Total LT Liabilities $48,000 500 480,000 3,000 $531,500 Total Liabilities $534,850 Shareholder's Equity Common Stock $6,000 APIC-Common 60,000 Retained Earnings 10,795 $76,795 Total Equity Total Liab & Equity $611,645 $9,930 $10,795 $20,725 $(9,930) $10,795 $10,795