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New Vision Company completed its income statement and balance sheet and provided the following information: $ 67,100 Service Revenue Expenses: Salaries and Wages Depreciation Utilities

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New Vision Company completed its income statement and balance sheet and provided the following information: $ 67,100 Service Revenue Expenses: Salaries and Wages Depreciation Utilities Office Net Income Decrease in Accounts Receivable Paid cash for equipment Increase in Salaries and Wages Payable Decrease in Accounts Payable $ 42,550 7,410 6,110 2,250 58,320 $ 8,780 $ 13,100 6,100 10,100 4,800 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.) NEW VISION COMPANY 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

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