Help Saved Submit Save & Exit Ch12 in-Class #2 Check my work 1 The three independent cases that follow include all balance sheet accounts related to operating activities 2.5 points Net Income Depreciation expense Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increane (decrease) Case A $ 310,000 40,000 100,000 (50,000) (50,000) 60,000 Cases $ 15,000 150,000 (200,000) 35,000 120,000 (220,000) 5 420,000 10,000 (20.000) 50,000 70,000 (40.000) eBook Required: Show the operating activities section of cash flows for each of the given cases. (Amounts to be deducted should be Indicated with a minus sign.) Print Case A Case B Case C References Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities Depreciation Changes in Assets and Liabilities Accounts Receivable Inventory Accounts Payable Accred Liabilities Net Cash Provided by Operating Activities Ch12 In-Class #2 Saved Help Save & Exit Submit Check my work 2 Gibraltar Industries, Incorporated, is a manufacturer of steel products for customers such as Home Depot, Lowe's, Chrysler, Ford, and General Motors. In the year ended December 31, 2018, it reported the following activities (amounts in thousands): 2.5 points Net income Purchase of equipotent Dayments on notes payable to bank Net proceeds from stock issuance Depreciation Proceeds from sale of equipment Decrease in accounts receivable Payments to acquire treasury stock $ 63,800 17,700 400 1,400 20,370 3,150 9,700 7,200 Book Hint Required: Based on this information, present the cash flows from the investing and financing activities sections of the cash flow statement (Amounts to be deducted should be indicated by a minus sign. Enter your answers in thousands.) Print GIBRALTAR INDUSTRIES, INCORPORATED Statement of Cash Flows (Partial) For the Year Ended December 31, 2018 Cash Flows from Investing Activities: References Cash Flows from Financing Activities