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Cash flows from operating activities-indirect method Prepare the cahs flows from operating Statement of Cash Fl The net income reported on the income statement for

Cash flows from operating activities-indirect method Prepare the cahs flows from operating
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Statement of Cash Fl The net income reported on the income statement for the current year was $330,400. Depreciation recorded amounted to $105,140 for the year. Balances of the current asset and current Eability accouns a the beginning and end of the year are as follows Cash Accounts receivable (net) Inventories Prepaid expenses $89,900 111,940 217,550 13,290 95,060 15,590 $95,010 117,700 209,050 14.160 103,580 13,710 Salaries payable

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