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Please solve and show work if needed The three independent cases that follow include all balance sheet accounts related to operating activities, Case A Case
Please solve and show work if needed
The three independent cases that follow include all balance sheet accounts related to operating activities, Case A Case B Case C Net income $ 320,000 $ 20,000 $430,000 Depreciation expense 50,000 168,000 90,000 Accounts receivable increase (decrease) 120,000 (210,000) (30,000) Inventory increase (decrease) (60,000) 45,000 60,000 Accounts payable increase (decrease) (60,000) 130,000 80,000 Accrued liabilities increase (decrease) 70,000 (230,000) (50,000) Required: Show the operating activities section of cash flows for each of the given cases (Amounts to be deducted should be indicated with a minus sign.) Case A Caso B Case $ 320,000 $ 20,000 $ 430,000 Cash 50,000 160,000 90,000 Net Income Adjustments to Reconcile Not Income to Provided by Operating Activities Depreciation Changes in Assets and Liabilities Accounts Receivable Inventory Accounts Payable Accrued Liabilities Net Cash Provided by Operating Activities 120,000 $ 490,000 $ 180,000 $ 520,000 Step by Step Solution
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