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Extend Your Skills 91 EA3-E3 Create the Statement of Cash Flows for Future Back Industries In this exercise, you will use the indirect method to

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Extend Your Skills 91 EA3-E3 Create the Statement of Cash Flows for Future Back Industries In this exercise, you will use the indirect method to create a statement of cash flows in Excel for Future Back Industries. These amounts relate to February of 2016. Net Loss Depreciation Expense Accounts Receivable (beginning) Accounts Receivable (ending) Accounts Payable (beginning) Accounts Payable (ending) $1,200 $800 $3,100 $1,100 $900 Sale of Furniture Purchase of Machinery Investment by Owner Richard Morse, Drawing Cash (beginning balance) $750 $3,000 $900 $1,200 $44,200 $200 Use the techniques from this chapter to present each in good form

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