HW Score: 42, 10.5 of 25 p 511-4 (similar to) Question Help Harrison Industries began 2018 with accounts receivati, inventory, and prepaid expenses aing $48.000 and its total current abilities totaling $33.000. Al the end of the year, these are current 48.000, while Babies totaled $27.000. Net income for the year was $10,000 Included in net income were a $1,000 gain on the sale of land and depreciation expense of $10.000 Show how Harrison should report cash flows from operating activities for 2018. The company uses the Indirect method. (Use press or a minus for numbers to be traced and for at decrease in cash) Cash flows from operating activities Adjustments to reconcione income lo net cash provided by used for) per wing activities Net cash provided by used for operating activities MUNUM. Ulapler Graded Homework Score: 0 of 2 pts 5 of 10 (5 complete) S11-4 (similar to) Harrison Industries began 2018 with accounts receivable, inventory, and prepaid expenses totaling $48,000 and its total current liabilities totaling $33,000. A liabilities totaled $27.000. Net income for the year was $10,000. Included in net income were a $1,000 gain on the sale of land and depreciation expense of = Show how Harrison should report cash flows from operating activities for 2018. The company uses the indirect method. (Use parentheses or a minus sign fo Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by (used for) operating activities: Net cash provided by (used for) operating activities 5 of 10 (5 complete) HW Score: 42%, 10.5 of 25 pts Question Help ory, and prepaid expenses totaling $48,000 and its total current liabilities totaling $33,000. At the end of the year, these same current assets totaled $49,000, while its total current Included in net income were a $1.000 gain on the sale of land and depreciation expense of $10,000. vities for 2018. The company uses the indirect method. (Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash.) activities put fields and then click Check Answer Check Answer Clear All