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(New Problem - not a continuation of the prior problem) Statement of Cash Flows - four (4) questions Instructions: Please use the indirect method to

(New Problem - not a continuation of the prior problem)

Statement of Cash Flows - four (4) questions

Instructions: Please use the indirect method to prepare a Statement of Cash Flows on your scratch paper based on the following Income Statement, Balance Sheet, and Additional Information shown below to answer this question and the next three (3) questions:

Question: Based on the Statement of Cash Flows you prepared on your scratch paper, what is the amount of the Operating cash flows?

Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. For example, if you calculated the answer to be $24,123 you would only input: 24123

Webcourses will add commas to your answer.

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