ow is information from the financial statements of Chapin Company for 2018 End of Year Beginning of Year $106,000 $98.000 counts receivable entory epaid expenses counts payable (for merchandise) crued liabilities et sales st of goods sold penses (including depreciation of $43,000)$258,000 $105,000 $120,000 $31,000$29.000 $74.000 $70.000 $28,000 $30,000 $848,000 318,000 basis of the above information, prepare a partial statement of cash flows, show tation of net cash flows from operating activities by the indirect method. (20 poin n why net income is different from the net cash provided by operations. (5 poin o prepare the statement of cash flows for the following data regarding cas Purchases Shown below is information from the financial statements of Chapin Comp End of Yea s receivable $106,000 $105,000 $31,000 $74,000 $30,000 nventory d expenses Accounts payable $848,000 t of goods sold $318,000 $258,000 including depreciation of $43,000) On the basis of the above information, prepare a computation of net cash flows from operating activities a. partial statement of cash flows, sh by the indirect method (20 p Explain why net income is different from the net cash provided by operations (5 points of cash flows for Royal Corporation for 2018, the accountant