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M12-4 Computing Cash Flows from Operating Activities (Indirect Method) (LO 12-2] The independent cases are listed below includes all balance sheet accounts related to operating
M12-4 Computing Cash Flows from Operating Activities (Indirect Method) (LO 12-2] The independent cases are listed below includes all balance sheet accounts related to operating activities: Net income Depreciation expense Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) Case A $310,000 40,000 100,000 (50,000) (50,000) 60,000 Case B $ 15,000 150,000 (200,000) 35,000 120,000 (220,000) Case C $ 420,000 80,000 (20,000) 50,000 70,000 (40,000) Show the operating activities section of cash flows for each of the given cases. (Amounts to be deducted should be indicated with a minus sign.) Case A Case B Case C Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities Depreciation Changes in Assets and Liabilities Accounts Receivable Inventory Accounts Payable Accrued Liabilities Net Cash Provided by Operating Activities
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