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If using Excel could you please include screenshots of the formulas used? Suppose your company reports S160 of net income and $40 of cash dividends

If using Excel could you please include screenshots of the formulas used?

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Suppose your company reports S160 of net income and $40 of cash dividends paid, and its comparative balance sheet indicates the following. Cash Accounts Receivable Inventory Total Salaries and wages Payable Common Stock Retained Earnings Total Beginning $ 35 75 245 $ 355 $ 10 100 245 $ 355 Ending $2es 175 135 $ 515 $ se 100 365 $515 Required: 1. 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.) Net Income Increase in Accounts Receivable Decrease in Inventory Increase in Salaries and Wages Payable Dividends paid Net Cash Flow from Operating Activities 0

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