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M12-b computing Casn Hlows trom Uperating Activities (Indirect Methoa) ILO 12-2 The two independent cases are listed below Case A Case B Year 2 Year
M12-b computing Casn Hlows trom Uperating Activities (Indirect Methoa) ILO 12-2 The two independent cases are listed below Case A Case B Year 2 Year Year 2 Year Sales Revenue Coat of Goods Sold Gross Frofit Depreciation Expense Salaries and Wages Expense Net Incone Accounts Receivable Inventory Account Payable Salaries and Wages Payable $10,300 $5,500 $20, 300 14,500 5, 370 2,700 11,370 8,570 4,930 2, 800 e,930 5,930 1,200 1,200 ,250 1,250 1,800 1, 300 4,300 4, 300 1,930 300 3, 480 680 265 330 565 715 430 695 730 930 965 1,130 355 420 730 665 870 Show the operating activities section of the statement of cash flows for year 2 using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Case A Case B Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities Changes in Assets and Liabilities
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