Prepare the cash flows from operating activities section of HHC's statement of cash flows using the direct method. Refer to the situation described in BE 4-10. Prepare the cash flows from investing and financing activities sections of HHC's statement of cash flows. Net income of Mansfield Company was $45,000. The accounting records reveal depreciation expense $80,000 as well as increases in prepaid rent, salaries payable, and income taxes payable of $60.000, $15.000, and $12,000, respectively. Prepare the cash flows from operating activities section of Mansfield's statement of cash flows using the indirect method. Refer to the situation described in BE 4-10 and BE 4-11. How might your solution to those brief exercises differ if Hilliard Healthcare Co. prepares its statement of cash flows according to International Financial Reporting Standards