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Chapter 1 2 Credit Help Save & Exit Submit 1 1 0 points Skipped eBook Hint Hint Exercise 1 2 - 3 A ( Algo

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Exercise 12-3A (Algo) Use the indirect method to determine cash flows from operating activities LO 12-1
Shim Company presents its statement of cash flows using the indirect method. The following accounts and corresponding balances were drawn from Shim's Year 2 and Year 1 year-end balance sheets:
\table[[Account Title,Year 2,Year 1],[Accounts receivable,$31,415,$37,698
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