Brief Exercise 23-4

Monty Corporation had the following 2017 income statement.

Sales revenue		$186,000
Cost of goods sold		127,000
Gross profit		59,000
Operating expenses (includes depreciation of $22,000)		45,000
Net income		$14,000

The following accounts increased during 2017: Accounts Receivable $13,000, Inventory $12,000, Accounts Payable $14,000. Prepare the cash flows from operating activities section of Montys 2017 statement of cash flows using the direct method.

Can someone please help

Monty Corporation Statement of Cash Flows-Direct Method (Partial)