Dancing Apparel Providers, Inc. provided the following information for the current year. Click the icon to view the statement of net income.) Click the icon to view the changes in balance shoot accounts) Requirement Compute net cash flow from operating activities under the indirect reporting format. (Use a minus sign or parentheses for any numbers to be subtracted an input field is not used in the statement, leave the input field empty; do not select a label or enter a zero) Dancing Apparel Providers, Inc. Partial Statement of Cash Flows (Indirect Method) For the Year Ended Operating Activities: Adjustments to Reconcile Net Income to Cash Flows from Operating Activities: 2 Changes in Current Assets and Liabilities Net Cash Provided (Used) by Operating Activities vided the following information for the current year. hent of net income.) (Click the icon to view the changes in balance sheet accounts.) ng ad vet Statement of net income numbers to be Appa of cd Dancing Apparel Providers, Inc. Statement of Net Income thel For the Current Year Ended ome Sales Cost of Goods Sold Depreciation Expense Selling, General, and Administrative Expenses Operating Income Tax Expense $ 2,659,000 (1,280,000) (195,000) (600,000) Jabill 584,000 (135,000) $ 449,000 Net Income Print Done 1. leave the input field emnts do not select a label or enter a zero to be SUD Ing All Changes in balance sheet accounts ent of For Amount $ 27,000 Incd Changes in Balance Sheet Accounts Decrease in Accounts Receivable Decrease in Inventory Increase in Prepaid Expenses Decrease in Accounts Payable Increase in Income Taxes Payable 40,000 7,500 37,000 35,000 Lid Print Done Dancing Apparel Providers, Inc. provided the following information for the current year. (Click the icon to view the statement of net income.) (Click the icon to view the changes in balance she Requirement Compute net cash flow from operating activities under the indirect reporting format (Use a minus sign or parenth field is not used in the statement, leave the input field empty; do not select a label or enter a zero.) Dancing Apparel Providers, Inc. Partial Statement of Cash Flows (Indirect Method) For the Year Ended Operating Activities: Cash Collected from Customers Cash Paid for Income Taxes Cash Paid for Merchandise Cash Paid for Selling, General, and Administrative Expenses Decrease in Accounts Payable Decrease in Accounts Receivable Decrease in Income Taxes Payable Decrease in Inventory Decrease in Prepaid Expenses - O Points: 0 of 1 Dancing Apparel Providers, Inc. provided the following information for the current year. 5 Click the icon to view the statement of net income.) (Click the icon to view the changes in balance sheet Requirement Compute net cash flow from operating activities under the indirect reporting format. (Use a minus sign or parenthes field is not used in the statement, leave the input field empty; do not select a label or enter a zero.) - Dancing Apparel Providers, Inc. Partial Statement of Cash Flows (Indirect Method) For the Year Ended Operating Activities: Decrease in Inventory Decrease in Prepaid Expenses 2. Depreciation Expense Increase in Accounts Payable Increase in Accounts Receivable Increase in Income Taxes Payable Increase in Inventory Increase in Prepaid Expenses Net Income Net Loss w
