For each of the above companies, calculate the cash flow from operations using the indirect method

The following is financial information for three companies: Sweet Acacia Ltd. Clinton Ltd. Kingbird Ltd. Sales revenue $455,000 $691,400 $1,121,500 Cost of goods sold 251,200 397,400 743,300 Selling and administrative expenses 78,600 114,800 127,700 Depreciation expense 7,400 20,100 33,600 Interest expense 2,000 2,000 1,200 Income tax expense 24,000 40,800 55,100 Dividends paid 9,000 5,800 32,400 Increase/(Decrease) in Accounts receivable (3,600) 6,900 (9,400) Inventory 6,000 (7,900) 16,900 Property, plant, and equipment 58,900 (13,500) 72,200 Accounts payable 7,000 (8,500) 7,040 Interest payable (1,600) 1,000 (400) Income tax payable 4,400 (2,500) 10,600 Notes payable 25,200 (46,400) 12,200 Common shares 38,800 (5,400) (98,700)