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For each of the following independent cases, compute cash flows from operating activities. Assume the list below includes all balance sheet accounts related to
For each of the following independent cases, compute cash flows from operating activities. Assume the list below includes all balance sheet accounts related to operating activities: Table A Net Income Depreciation expense Accounts receivable increase (decrease) Case 1 Case 2 Case 3 $310,000 $15,000 $420,000 40,000 150,000 80,000 100 -200,000 -20,000 -50,000 35,000 50,000 Accounts payable increase (decrease) -50,000 120,000 70,000 Accrued liabilities increase (decrease) 60,000 -220,000 -40,000 Inventory increase (decrease)
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