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Prepare statement of cash flows using the indirect method. The income statement for 2021 and the balance sheets for 2021 and 2020 are presented
Prepare statement of cash flows using the indirect method. The income statement for 2021 and the balance sheets for 2021 and 2020 are presented for Henderson Industries, Inc. (Click the icon to view the income statement.) i (Click the icon to view additional information.) Requirement (Click the icon to view the balance sheets.) Prepare a statement of cash flows for Henderson Industries, Inc., for the year ended December 31, 2021, using the indirect method. Prepare the statement one section at a time. (Use parentheses or a minus sign for numbers to be subtracted and for net cash outflows.) Operating Activities: Henderson Industries, Inc. Statement of Cash Flows (Indirect Method) For the Year Ended December 31, 2021 Adjustments to reconcile net income to cash basis:
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