Homework: Chapter 16 Calculator F Print Item Use the following information from Chocolate Company's financial statements: Income Statement Balance Sheet Sales $107,600 Cost Goods Sold (63,000) (22,000) Salaries Expense Depreciation Expense (13,000) Net Income $9,800 Accounts Receivable Increase $2,400 Merchandise Invendory Decrease 1,900 Salaries Payable Increase 650 Determine operating net cash flows (indirect method). Check Mr Mark Previous Next