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Exerclse 16-3 (Algo) Indirect: Reporting cash flows from operatlons LO P2 Arundel Company disclosed the following information for its recent calendar year. Belected Year-End Balance

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Exerclse 16-3 (Algo) Indirect: Reporting cash flows from operatlons LO P2 Arundel Company disclosed the following information for its recent calendar year. Belected Year-End Balance Sheet Data Iccounts receivable decrease surchased a machine for cash salaries payable increase [nterest payable decrease Prepare the operating actlvitles section of the statement of cash flows using the lndlrect method. Note: Amounts to be deducted should be indicated with a minus sign

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