Comparative selected account balances and an unclassified income statement for TTL Company follow: (Click the icon to view the account balances) (Click the icon to view the income statement.) (Click the icon to view additional information.) Requirements ... Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use parentheses or a minus sign for numbers to be subtracted.) TTL Company Statement of Cash Flows For the Year Ended December 31, 2015 Cash flows from operating activities: Net income Adjustments to reconcile net income to net cash provided by operating activities: Net cash provided by (used for) operating activities Cash flows from investing activities Net cash provided by (used for investing activities Net cash provided by (used for) investing activities Cash flows from financing activities: Net cash provided by (used for) financing activities Net increase (decrease) in cash during the year Cash balance, December 31, 2014 Cash balance. December 31, 2015 Noncash investing and financing activities: Requirement 2. Prepare the cash flow from operating activities section by using the direct method. TTL Company Statement of Cash Flows For the Year Ended December 31, 2015 Cash flows from operating activities: Receipts: Total cash receipts Payments: Total cash payments Net cash provided by (used for) operating activities IC CIGUI U VIVI ick the icon to view additional information.) ements In addition, the following information is available: Accounts Payable balances resulted from merchandise inventory purchases. The book value of the equipment was $13,000. Signed a 10%, 10-year note payable in exchange for a building with a market value of $83,000. Issued 2,000 new common shares at $10 per share. table TTL Company Print Done Account Balances as at December 31 2014 2015 TTL Company Income Statement $ 32.700 s 5.200 Cash For the Year Ended December 31, 2015 34.800 Accounts Receivable 19.000 21,100 $ 244,500 Sales 14.500 Inventory $ 180.500 Cost of Goods Sold 19,400 15.700 Accounts Payable 44.100 3.300 600 Wages Payable 5.100 2.600 Wages Supplies Property Taxes Utilities Loss on Disposal of Equipment Depreciation of Capital Assets 2.200 Print Done 5,300 3,500 243,300 1.200 Net Income et cast provery use tory operang acres Tim