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Portions of the financial statements for Clear Transmissions Company are provided below. in 2003) $1.440 CLEAR TRANSMISSTONS COMPANY Income Statement Tor the Year Ended December
Portions of the financial statements for Clear Transmissions Company are provided below. in 2003) $1.440 CLEAR TRANSMISSTONS COMPANY Income Statement Tor the Year Ended December 31, 2018 Sales Cost of goods sold Gross margin Salaries expense Depreciation expense Patent amortization expense Interest expense Loss on sale of cash equivalente Tncome before taxes Income tax expense Net Income CLEAR TRANSMISSIONS COMPANY Selected Accounts from comparative Balance Sheets December 31, 2018 and 2017 ( in 000) Year 2018 2017 Change 8108 Accounts receivable 224 238 Inventory Accounts payable 150 Salaries payable Interest payable Income taxes payable Required: Prepare the cash flows from operating activities section of the statement of cash flows for Clear Transmistons Company using the direct method (Enter your answers in thousands e., 5,000 should be entered as 5). Amounts to be deducted should be indicated with a minus sign.) Cash Flows from Operating Activities Naut
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