Exercise 12-4A (Algo) Use the direct method to determine cash flows from operating activities LO 12-2 The following accounts and corresponding balances were drawn from Avia Company's Year 2 and Year 1 year-ond balance sheots: Duting the year, $81000 of uncarned revenue was recognized as having been earned. Rent expense for Yeor 2 was $21,000. Required Based on this information alone, prepare the operating activities section of the statement of cash flows assuming the direct approach is used. Note: Amounts to be deducted should be indicated with a minus sign. Exercise 12-6A (Algo) Direct versus indirect method of determining cash flows from operating activities LO 121,122 Expert Electronics, Incorporated (EE) recognized $5,000 of sales tevenue on account and collected $2,900 of cash from accounts recelvable. Further, EEl recognized $1,700 of operating expenses on account and paid $1,100 cash as partial settlement of accounts payable. Required Bosed on this information alone: a. Prepare the operating activities section of the statement of cash flows under the direct method. Note: Amounts to be deducted should be indicated with a minus sign. Exercise 12-11A (Algo) Determining cash flows from financing activities LO 12-4 On Jancuary 1, Year 1, DiBA Company had a balance of $541,000 in its Bonds Payable account. During Year 1, DiBA issued bonds with a $170,000 face value. There was no premium or discount associated with the bond issue. The bolance in the Bonds Payable account on December 31, Year 1, was $230,000. Required a. Determine the cash outflow for the repayment of bond liabilities assuming that the bonds were retired at face value. b. Prepare the financing activities section of the Year 1 statement of cash flows. Note: Amounts to be deducted should be indicated with a minus sign