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Page(10 of 14) Part 9- Cash Flows From Operating Activities (5 Points) Using the Indirect Method complete Kahleen Technologies Statement of Cash Flows for the

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Page(10 of 14) Part 9- Cash Flows From Operating Activities (5 Points) Using the Indirect Method complete Kahleen Technologies Statement of Cash Flows for the period ending December 31, 2013. In the following financial statements(Income Statement and Balance Sheet) you will find the asterisk "*" symbol next to each account that you will need to complete Kahleen Technologies Statement of Cash Flow (SCF). Please Note: the other accounts in these statements are not relevant to your analysis and solution of Kahleen Technologies Statement of Cash Flows(SCF). Kahleen Technologies Income Statement For The Period Ending December 31, 2012 $250,000 Sales Revenue (S150,000) Cost of Goods Sold S100,000 Gross Margin Non-Cash Expenses: (S10,000) Use To Solve SCF below: Depreciation Expense $90,000 Use To Solve SCF below: * Net Income Kahleen Technologies Income Statement For The Period Ending December 31, 2011 & December 31, 2012 2011 2012 Assets Current Assets: $350,000 S50,000 Use To Solve SCF below: $150,000 Use To Solve SCF below: 5550,000 $400,000 $100,000 $300,000 Cash Accounts Receivable Inventory Total Current Assets $800,000 Non-Current Assets: $240,000 $240,000 S0 Buildings Total Non-Current Assets S0 $800,000 S790,000 Total Assets Liabilities and Stockholders Equity Current Liabilities: $300,000 $300,000 $200,000 Use To Solve SCF below: S200,000 Accounts Payable Total Liabilities Stockholders(Owners) Equity Retained Earmings Total Stockholders Equity $500,000 S590,000 $500,000 $590,000 Total Liabilities & Stockholders Equity $800,000 S790,000 Page(1l of 14) Kahleen Technologies Statement of Cash Flow (SCF) [Indirect Method] For The Period Ending December 31, 2012 Operating Activities Net Income.. $90,000 $10,000 $50,000 Depreciation and Other Non Cash Expenses Decrease In Accounts Receivable Decrease In Accounts Payable Decrease In Inventory (S100,000) $150,000 Net Cash Flows From Operating Activities $200,000

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