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Prepare the operating activities section-indirect method. P12.5 (LO 2), AP Rewe Company's income statement contained the following condensed information. Rewe's balance sheets contained the following

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Prepare the operating activities section-indirect method. P12.5 (LO 2), AP Rewe Company's income statement contained the following condensed information. Rewe's balance sheets contained the following comparative data at December 31 . Actounts payable pertain to operating expenses. Instructions Prepare the operating activities section of the statement of cash flows using the indirect method. Net cash provided-oper. act. $305,000

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