Lash Flows. Direct Method Instructions Oliver Company provided the following information for the years 20X1 and 20X2: Oliver Company Income Statement For the Year Ended December 31, 20X2 1 Sales $75,000.00 Cost of goods sold Depreciation expense (20,000,00) (2.000.00) (13,000.00) Other expenses 3 Net income 540,000.00 Oliver Company Comparative Balance Sheets Al December 31, 20X1 and 20X2 All work saved MacBook Air Operating Cash Flows Amount Descriptions Operating Cash Flows - Direct Method Instructions At December 31, 20X1 and 20X2 1 20x1 20X2 2 Assets: 5 Cash $24600.00 4 Accounts receivable $64,600.00 59,200.00 $5,400.00 8,000.00 5 Inventory Property, plant and equipment Accumulated depreciation 6,000.00 175,000.00 160,000.00 7 & Land (18,000.00) 20,400.00 $200.400.00 (20,000.00) 47,000.00 Total assets $281.800.00 10 Liabilities and Equity: 11 Accounts payable 58,600.00 $10,000.00 12 Mortgage payable 0.00 40,000.00 191,800.00 231,800.00 1 Stockholders equity 14 Total abilities and stockholders' equity 5200,400.00 $781,900.00 All work saved Emellructor MacBook Air 14 Total liabilities and stockholders' equity $200,400.00 $281,800 Prepare a schedule that provides operating cash flows for the year 20X2 using the direct method. All work saved, MacBook Air