Everest Climbers reported the following information for 2016 and 2017:

2016 2017

Accounts receivable $50 000 $75 000

Inventories 43 000 30 000

Accounts payable 29 000 49 000

Total comprehensive income 270 000

Depreciation expense 11 000

If Everest Climbers uses the indirect method to prepare the operating activities section of the statement of cash flows, what amount will be reported as net cash inflow from operating activities for 2017?

Can you explain in using both Direct Method and Indirect Method? Thank you