prepare the operating activities section of the statement of cash flows usung the direct method. (Cash outflows should be indicated with the minus sign.)

(The following informatioj applies to the questions displayed below.)

Green Brands, incorporated (GBI) Presents its statment of cash flows using thr indirect method. The following accounts and corresponding balances were drawn from GBI's Year 2 and Year 1 year end balance sheets. Assume alk the sales and purchases of inventory are made on account.

Required

a. Prepare the operating activities section of the statment of cash flows using the direct method. ( Cash outflows should be indicated with a minus sign)

Pequired infermation The following informarian apgover as the questions of spisyevd beviow] parchases of iveritory are made oy ecteure. The Year 3 iesteme utalemete is shoen neat Aeterirised wat a eninias sign? Required information [The following information applies to the questions displayed below. Green Brands, Incorporated (GBI) presents its statement of cash fows using the indirect method. The following accounts and corresponding balances were drawn from GeI's Year 2 and Year 1 year-end balance sheets. Assume all sales and purchases of inventory are made on account. The Year 2 income statement is shown next. Required a. Prepare the operating activities section of the statement of cash flows using the direct method. (Cash outflows should be indicated with a minus sign.)