Prepare a schedule of net cash provided by operating activities. Prepare the Operating Activities Section of a Statement of Cash Flows using the Indirect... ? 4 FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Calibri 11 ' ' % Paste BIU Alignment Number Conditional Format as Cell Formatting Cells Editing Clipboard A1 Font Table Styles Styles fx The following information is for FloorCo, Inc. for the year just ended: B C D E 1 The following information is for FloorCo, Inc. for the year just ended: 2 3 4 st End of year Beginning of year 5 Current assets: 6 Cash $ 75,000 $ 90,000 7 Accounts receivable 158,000 140,000 8 Inventory 285,000 246,000 9 Prepaid expenses 11,000 16,000 10 11 Current liabilities 12 Accounts payable 284,000 302,000 13 Accrued liabiities 9,500 11,200 14 Income taxes payable 27,000 24,000 15 16 Net income $ 94,500 17 18 Accumulated depreciation 19 total credits $ 45,000 20 21 Floor Company did not record any gains or losses during the year. 22 23 Prepare a schedule of net cash provided by operating activities. READY Attempt/c) Sheet1 F II G H - Sign In < + 100% Wint Prepare the Operating Activities Section of a Statement of Cash Flows using the Indirect... ? FORMULAS DATA REVIEW VIEW Sign In % M 4 Cell Alignment Number Conditional Format as Formatting Table Styles Cells Editing Styles FILE HOME INSERT PAGE LAYOUT Calibri 11 Paste BIU Clipboard Font A1 fx A B 22 C The following information is for FloorCo, Inc. for the year just ended: D 23 Prepare a schedule of net cash provided by operating activities. 24 25 26 27 FloorCo, Inc. E Operating Activities Section of the Statement of Cash Flows 28 Net income 29 Adjustments to reconcile net income to net cash provided by operations: Depreciation 30 31 Increase in accounts receivable 32 Increase in inventory 33 Decrease in prepaid expenses 34 Decrease in accounts payable 35 Decrease in accrued liabilities 36 37 Increase in income taxes payable Net cash provided by operating activities 38 39 40 41 READY Attempt(s) Sheet1 F G H + 100% Hint