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Piura Manufacturing Operating Cash Flows Using the Direct Method 1 Income Statement Adjustments Cash Flows 2 Revenues $920,000.00 $(18,000.00) $902,000.00 3 Cost of goods sold

Piura Manufacturing Operating Cash Flows Using the Direct Method 1 Income Statement Adjustments Cash Flows 2 Revenues $920,000.00 $(18,000.00) $902,000.00 3 Cost of goods sold (620,000.00) 18,000.00 4 0.00 0.00 5 Operating expenses (177,600.00) 21,600.00 6 21,600.00 7 8 Net cash from operating activities $144,000.00

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