Formulas and help please!

5 Chapman Company, a major retailer of bicycles and accessories, operates several stores and is a publicly 6 traded company. The comparative balance sheets as of May 31, 2016 and 2017 and the income statement for the year ended May 31, 2017 are presented below. The company needs your assistance to prepare 8 their statement of cash fows flows for the period ending May 31, 2017 using the direct method and 9 the indirect method. Chapman Company Comparative Balance Sheets As of May 31, 2016 and 2017 13 May 31, 2017 May 31, 2016 16 Current Assets 17 Cash 18 Accounts Receivable 19 Inventory 20 Prepaid Expenses 28,250 5,000 20,000 58,000 220,000 250,000 9,000 7,000 Total Current Assets 332 250 23 Plant Assets 24 Plant Assets 25 Less: Accumulated Depreciation 600,000 450,00000377.000 782.250 502,000 Net Plant Assets 28 Total Assets 12.000 30 Current Liabilities 1Accounts Payable 32Salaries and Wages Payable 115,000 eterest Payable Total Current Assets St Long Term 3n Total MacBook Pro 2 4 5 6 5 Chapman Company, a major retailer of bicycles and accessories, operates several stores and is a publicly 6 traded company. The comparative balance sheets as of May 31, 2016 and 2017 and the income statement for the year ended May 31, 2017 are presented below. The company needs your assistance to prepare 8 their statement of cash fows flows for the period ending May 31, 2017 using the direct method and 9 the indirect method. Chapman Company Comparative Balance Sheets As of May 31, 2016 and 2017 13 May 31, 2017 May 31, 2016 16 Current Assets 17 Cash 18 Accounts Receivable 19 Inventory 20 Prepaid Expenses 28,250 5,000 20,000 58,000 220,000 250,000 9,000 7,000 Total Current Assets 332 250 23 Plant Assets 24 Plant Assets 25 Less: Accumulated Depreciation 600,000 450,00000377.000 782.250 502,000 Net Plant Assets 28 Total Assets 12.000 30 Current Liabilities 1Accounts Payable 32Salaries and Wages Payable 115,000 eterest Payable Total Current Assets St Long Term 3n Total MacBook Pro 2 4 5 6