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Hampton Company reports the following information for its recent calendar year. $80,000 Income Statement Data Sales Expenses: Cost of goods sold Salaries expense Depreciation expense
Hampton Company reports the following information for its recent calendar year. $80,000 Income Statement Data Sales Expenses: Cost of goods sold Salaries expense Depreciation expense Net income Selected Year-End Balance Sheet Data Accounts receivable increase $10,000 Inventory decrease 2,000 Salaries payable increase 800 41, eee 9,000 6,000 $24,000 Required: Prepare the operating activities section of the statement of cash flows using the indirect method (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from operating activities $ 0
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