Cash from operating activities $ 0 2 Calculate cash paid for interest and income tax, assuming that interest expense is $151 and income tax expense is $188 (Enter your answers in thousands.) ho Cash paid for interest Cash paid for income tax 20C Mostly cloudy Bi to search Check Selected accounts from the SFP of Iraj Ltd. at 31 December 20X5 and 20X4 are presented below, in thousands Iraj reported earnings of $810 in 20X5, and depreciation expense was $195 Bonds of $150 par value were issued during the period for $135 and a discount of $15 was originally recorded. As at 31 December Accounts receivable Inventory Accounts payable Interest payable Deferred income tax liability Bonds payable Discount on bonds payable 20x5 $308 352 260 52 179 790 (30) 20X4 $410 276 301 25 135 640 (27) Required: 1. Prepare the operating activities section of the SCF, using the indirect approach and the two-step presentation method (List any deduction in cash and cash outflows as negative amounts. Assume that dividends paid are financing activities, and assume that interest paid and received, and dividends received, are operating transactions. Enter your answers in thousands.) Iraj Limited Statement of Cash Flows For the Year Ended 31 December 20X5 Operating activities Net earnings E? A 2 to search 20C Mostly cloudy Saved Help Save Requirea: 1. Prepare the operating activities section of the SCF, using the indirect approach and the two-step presentation method. (List any deduction in cash and cash outflows as negative amounts. Assume that dividends paid are financing activities, and assume that interest paid and received, and dividends received, are operating transactions. Enter your answers in thousands.) Iraj Limited Statement of Cash Flows For the Year Ended 31 December 20X5 Operating activities Net earnings Adjustments for items not requiring cash: nges in SFP accounts: $ 0 Cash from operating activities A 20C Mostly cloudy search