Prepare the operating activities section of the statement of cash flows and present that information using the indirect and direct method.

A/R xxx A/R goes down, net income no effect, cash goes up Preparing the Operating Activities Section of the Statement of Cash Flows (adapted fro Stice and Stice, 19th ed.) Anakin, Inc., provides the following account balances for 2017 and 2016: Dec. 31,2017-_ Accounts Receivable Inventory Accounts Payable Salaries Payable Sales Cost of Goods Sold $18,700 25,440 21,650 1,500 278,700 197,00 16,700 35,200 24,300 Dec. 31,2016 S15,500 27,200 22,400 1,350 Depreciation Expense Salaries Expense Other Expenses Intermediate Accounting I and Financial Accounting I Chapter 23 notes Unauthorized reproduction prohibited Prepare the Operating Activities section of the statement of cash flows and present that F3 , PrtScn FS F6 Home F7 End F8