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O Question Help records of the Michigan Trading Post Company include these secours IT the icon to view the cours) Requirement 1. Prepare the company's

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O Question Help records of the Michigan Trading Post Company include these secours IT the icon to view the cours) Requirement 1. Prepare the company's net cash provided by used for operating activities action of the statement of cash fow for the month of December. Une the hardt metod. Do you see any potential problems in the company's chows from portion? How can you ? Begin by completing the cash flows from operating activities section for the month of December using the indirect method. (Une parentheses ramus in fornumbers to be suced and foran decrease in cash) Cashews from operating activities No nome 14000 6000 Data Table Accounts Receivable Dec 1 Cash 50,000 Dec 1 460,000 Payments 445,000 Credit sales 65,000 Dec 31 Receipts Dec 31 1.000 540.000|Collections 101,000 Dec 1 440,000 Purchases Dec 31 Inventory 3,000 438,000 Cost of Sales 336,000 105,000 Dec 1 Acquisition Dec 31 Equipment 185.000 8,000 193,000 Accumulated Deprec. -Equipment Dec 1 45,000 Depreciation 6,000 Payments Dec 31 51,000 Accounts Payable Dec 1 331,000 Purchases Dec 31 13,000 438,000 120,000 Accrued Liabilities Dec 1 30,000 Accruals Retained Earings Dec 1 19.000 Net Income 20,000 Quarterly 24,000 Dividend 14,000 Payments 66,000 25,000 Dec 31 Dec 31 72.000 Print Done

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