OneLogin x Minbox (42)-x Anotated B x ACCT 2301 X Question 3- X Chegg.comx Project prop x Internal Prox Whylent Fe X Book 2.xlsx G can you max NCTC Club: x G If you are prix + ex ezto.mheducation.com/ext/map/index.html?_con-con&external_browser-0&launchUrl=https%253A%252F%252Flms.mheducation.com/%252Fmghmiddleware%252Fmheproducts%252FImsCloseWindow.htm#/activity/question-group/kEZASS@KEPtyEnBaOxqtVids.. " Word Mail Jal Knox Ou.. OneLogin Canvas Free quadratic func.. ASTR 1403 ENG Homework Chapter 12 Reading list Seved Help Save & Exit Submit 3 6.68 points Required information [The following information applies to the questions displayed below] Green Brands, Inc. (GBI) presents its statement of cash flows using the indirect method. The following accounts and corresponding balances were drawn from GBI's Year 2 and Year 1 year-end balance sheets: Account Title eBook Year 2 Year 1 Accounts receivable $23,338 $27,598 Merchandise inventory 57,600 49,300 Prepaid insurance 18,708 26,798 Print Accounts payable 24,100 18,900 Salaries payable 4,658 4,058 Unearned service revenue 658 2,750 References Mc Graw Hill The Year 2 income statement is shown next: Income Statement Sales $ 616,800 Cost of goods sold Gross margin Service revenue Insurance expense Salaries expanse Depreciation Operating income Gain on sale of equipment Not income (364,000) 252,600 5,800 (39, 600) (145,000) (6,660) 67,860 4,500 $ 72,300 b. Prepare the operating activities section of the statement of cash flows using the indirect method for Year 2. (Amounts to be deducted should be indicated with a minus sign.) GREEN BRANDS, INC. Statement of Cash Flows (Operating Activities) For the Year Ended December 31, Year 2 Cash flows from operating activities: Check my work < Prev 3 of 3 Next > 011:04