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M12-4 (Algo) Computing Cash Flows from Operating Activities (Indirect Method) [LO 12-2] The three independent cases that follow include all balance sheet accounts related to
M12-4 (Algo) Computing Cash Flows from Operating Activities (Indirect Method) [LO 12-2] The three independent cases that follow include all balance sheet accounts related to operating activities. Net income Depreciation expente Accounts receivable increase (decrease) Inventory Increane (decrease) Accounts payable increase (decrease) Accrued abilities increase (decrease) Case A $ 305,000 35,000 90,000 (45,000) (45,000) 55,000 Case B 5 12,500 165,000 (195,000 30,000 115,000 (215,000) Canec 5415,000 75,000 115,000) 45,000 65,000 (35,000) Required: Show the operating activities section of cash flows for each of the given cases (Amounts to be deducted should be indica minus sign.) Case A Case Case Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities Depreciation Changes in Assets and Libilities Accounts Receivable Inventory Accounts Payable Accrued Liabilities Net Cash Provided by Operating Activities 05 05 0
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