If you can please in detail show the calculations and how you came up with the answer I'd appreciate it

thank you

Royce Interiors, Inc. ncome Statement For The Year Ended December 31, 2015 Revenue 2.600.000 Net sales revenue Dividend revenue 55,000 40,000 nterest revenue Gain on sales of Marketable securities 3,000 Toal revenue and gains 2,698,000 Costs and expenses: Costs of goods sold 1,300,000 Operating expense 300,000 Depreciation expense 39,000 60,000 Interest expense Income tax expense 110,000 Total costs and expenses 1,809,000 889 000 Net Income End of Year Beginning of Year Selected account balances: Accounts receivable 450,000 440.000 7000 9,000 Accrued interest receivable Inventories 575,000 550.000 8.000 Short-term prepayments 9,000 Accounts payable 86,000 goooo Accrued operating expenses payable 10000 8,000 Accrued interest payable Accrued income taxes payable 20,000 22,000 A. Using the informati above, prepare a partial statement of cash flows for the current year, showing the on computation of net cashflows from operating activities using the indirectmethod Explain why the increase in accounts receivable over the year was subtracted from netincome in computing the cashflows from operating activities. B. Describe what Major Account Types belong to the operating, Investing, and Financing sections within the statement of cashflo WS