E13 1 D Instructions 2. Prepare the cash flows from operating activities section using the indirect method. (Not all of the above items will be used.) 3 4 Payment of interest $6,000 Collection of accounts receivable $180,000 5 Cash sales 38,000 Payment of salaries and wages 65,000 6 Receipt of dividend revenue 14,000 Depreciation expense 18,000 7 Payment of income taxes 15,000 Proceeds from sale of aircraft 812,000 8 Net income 38,000 Purchase of equipment for cash 22,000 9 Payment of accounts payable Loss on sale of aircraft 3,000 10 for merchandise 90,000 Payment of dividends 14,000 11 Payment for land 74.000 Payment of operating expenses 20,000 12 13 RYDER BEER CO. 14 Statement of Cash Flows 15 31-Dec-19 16 17 CASH FLOWS FROM OPERATING ACTIVITIES 18 Net Income From Income and Expense Statemer 19 20 Adjustments To Reconcile Net Income (Loss) To 21 Net Cash Provided By Operating Activities: 22 23 24 25 26 Total Adjustment 27 28 Net Cash Flow Provided By Operating Activities 29 Exercise 1 Exercise 2 Exercise 3 Calculation Mode: Automate Workbook Statistics