E12-22 (Algo) (Supplement A) Reporting and Interpreting Cash Flows from Operating Activities from an Analyst's Perspective (Direct Method) Rodriguez Company completed its income statement and comparative balance sheet for the current year and provided the following Information: Income Statement for Current Year Service revenue $51,500 Expenses Salaries $42,200 Depreciation 7,000 Anortization of copyrights 280 Other expenses 9,800 59,200 Net loss $(7,780) rces Partial Balance Sheet Accounts receivable Salaries payable Other accrued liabilities current Prior Year Year $9,300 $ 15,100 15.000 1,700 6,600 In addition, Rodriguez bought a small service machine for $6,500 Required: 1. Present the operating activities section of the statement of cash flows for Rodriguez Company using the direct method. Assume that other accrued liabilities relate to other expenses on the income statement (List cash outflows as negative amounts.) RODRIGUEZ COMPANY Statement of Cash Flows (Partial) 4 of 6 Partial Balance Sheet Accounts receivable Salaries payable Other accrued liabilities Current Prior Year Year $ 9,300 $ 15,100 15,000 1,700 1,500 6,800 In addition, Rodriguez bought a small service machine for $6,500. Required: 1. Present the operating activities section of the statement of cash flows for Rodriguez Company using the direct method. Assume that other accrued liabilities relate to other expenses on the income statement (List cash outflows as negative amounts.) RODRIGUEZ COMPANY Statement of Cash Flows (Partial) Cash flows from operating activities