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Gath fown thon (Used for) Operading Artiveiet The oet income reporteo on the income itatement for the curtent year was $316,700. Depredation recorded an equipment
Gath fown thon (Used for) Operading Artiveiet The oet income reporteo on the income itatement for the curtent year was $316,700. Depredation recorded an equipment and a buliding amounted to 594,700 for the year Bowascer of the current astet and turment liability accounts at the beginning and end of the year are as follows: a. Hiepare the cah fiows froms fosed for) Operating Activits iection of the statement of cauh fowox, using the indirect method. Use the minius sign to lindicate cash Gulfom, cash permenth, decreates in cash, of any negative adjustments. b. If the direct method had been used, would the net cash fow from operating activities have been the same
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