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Prep the operating activities section of the statement of cash flows using the direct method. (Amounts to be deducted should be indicated with a minus

Prep the operating activities section of the statement of cash flows using the direct method. (Amounts to be deducted should be indicated with a minus sign.) SONAD COMPANY Income statement For Year Ended December 31 SONAD COMPANY Income statement For Year Ended December 31

Statement of Cash Flows (partial) Cashflows from op activities

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--dropdown menu options for 1-8 are:

amortization expenses - patents

cost of goods sold

decrease in accounts payable

decrease in salaries payable

depreciation expense

gain on sale of equipment

increase in accounts receivable

increase in inventory

payments for inventory

payments for rent

payments for salaries

payments for utilities

receipts from customers

rent expense

salaries expense

sales

utilities expense

Prepare the operating actlvitles sectlon of the statement of cash flows using the direct method. (Amounts to be deducted should be ndlcated with a minus sign.)

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