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HELP Expert Electronics, Inc. (EEI) recognized $5,000 of sales revenue on account and collected $2,900 of cash from accounts receivable. Further, EEl recognized $1,700 of

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Expert Electronics, Inc. (EEI) recognized $5,000 of sales revenue on account and collected $2,900 of cash from accounts receivable. Further, EEl recognized $1,700 of operating expenses on account and paid $1,100 cash as partial settlement of accounts payable. Required Based on this information alone: a. Prepare the operating activities section of the statement of cash flows under the direct method. (Amounts to be deducted should be indicated with a minus sign.) Operating Activities - Direct Method Cash flows from operating activities: Net cash flow from operating activities b. Prepare the operating activities section of the statement of cash flows under the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Operating Activities - Indirect Method Cash flows from operating activities: Net cash flow from operating activities

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