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New Vision Company completed its Income statement and balance sheet for 2017 and provided the following information 566.ece Service Revenue Expenses: Salaries Depreciation Utilities Other

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New Vision Company completed its Income statement and balance sheet for 2017 and provided the following information 566.ece Service Revenue Expenses: Salaries Depreciation Utilities Other $42,00 7,300 7. Bee 1,700 Net Income $ 8,00 Decrease in Accounts Receivable Bought a small service machine Increase in Salaries Payable Decrease in Other Accrued Liabilities $12, ese 5, Bee 9, eee 4,000 Required: 1. Present the operating activities section of the statement of cash flows for New Vision Company using the Indirect method. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from operating activities-indirect method Adjustments to reconcile net income to cash provided by operating activities Changes in current assets and current liabilities $ 0 2. Of the potential causes of differences between cash flow from operations and net income, which are the most important to financial analysts? (Select all that apply.) Different methods of preparing cash flows and income statement Changes in management of operating activities Changes in revenue and expense recognition

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