Comparative selected account balances and an unclassified income statement for FOX Company follow: (Click the icon to view the account balances.) (Click the icon to view additional information.) (Click the icon to view the income statement) Requirements Requirement 1. Prepare a statement of cash flows for FOX, using the indirect method. Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use parenti FOX 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 1,600 Depreciation of capital assets Increase in accounts receivable Decrease in inventory Net cash provided by (used for) operating activities Cash flows from investing activities: Net cash provided by (used for) investing activities Cash flows from financing activities 3,100 (34,900) 15.300 (16,500) (16,500) Net cash provided by (used for) financing activities Net increase (decrease) in cash during the year Choose from any list or enter any number in the input neids and then continue to the next question Tupo here to roarch es or a minus sign for numbers to be subtracted.) Data Table Data Table FOX Company Income Statement For the Year Ended December 31, 2015 FOX Company Account Balances Sales $243.500 Cost of Goods Sold $180 600 as at December 31 Wages 44,000 Supplies 4,000 2015 2014 Property Taxes 3.000 Cash $ 31,800 5 5.500 Utilises 1,700 Accounts Receivable 34,900 19.100 Loss on Disposal of Equipment 4700 Inventory 14,700 20.600 Depreciation of Capital Assets 3.100 241.900 Accounts Payable 15.300 19.500 1,600 Net Income Wages Payable 3,200 600 More Info In addition, the following information is available. Accounts Payable balances resulted from merchandise inventory purchases The book value of the equipment was $13,100. Signed a 6%, 10-year note payable in exchange for a building with a market value of $88,000 Issued 2.000 new common shares at $10 per share. Pont Done X Print Done - X ENG 101 G