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Expert Electronics, Incorporated (EE) recognized $8,300 of sales revenue on account and collected $5,100 of cash trom accounts receivable Further, EEl recognized $3,900 of operaling

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Expert Electronics, Incorporated (EE) recognized $8,300 of sales revenue on account and collected $5,100 of cash trom accounts receivable Further, EEl recognized $3,900 of operaling expenses on account and paid $2,200 cash as partial seltlement of accounts payable Required Based on this information alone a. Prepare the operating activities seclion of the statement of cash flows under the direct method Note: Amounts to be deducted should be indicated with a minus sign. The following accounts and corresponding balances were drawn from Marinell Company's Year 2 and Year 1 yeat-end balance sheets The Year 2 income statement is shown next: Required o. Use the direct method to compute the amount of cash inflows from operating activities. b. Use the direct method to compute the amount of cash outllows from operating activitles

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