Preparing a Statement of Cash Flows Using the Indirect Method Innovation Electronics, Inc has provided you with the year end lncome Stotement Balance Sheet The Controller has asked you to prepare the Statement of Cash Flows for the same year ended Decernber 31 Here are some tips for using Excel - Multi-Tab Cell Reference: Allows you to refer to data from another cell in a separate tab in the worksheet. When using the mult-tab cell reterence. type the equol sign first, then dick on the other tab and then cick on the cell you want to reference. The syntax of a multh tab cell reference looks different than a normal cell reference, since it includes the tab name surrounded by apostrophes and aiso an exclarnation point before the cell location. From the Excel Simulation below, if in a blank cell on the Sheetl tab "-Income StatementiB15- was entered, the formula would output the result from cell B15 in the Balance Sheet tab, or 16,000 in this example - Besic Moth Functions: Allow you to use the basic math symbols to perform mathematical functions, You can use the following keys: + (plus sign to add, - (minus sign to subtract) "(asterisk sign to multiply), and / (forward slash to divide) For example, if you entered S B4+B5 in a blank cell, the formula would add the values from those cells and output the result. - Sum Function: Allows you to refer to moltple cells and adds all the values. You can add individuat cell references or ranges. If you entered "-SUM(C4.C5,C6)" into a blank cell, the formula woudd output the result of adding those three separate cells Simnilarly. it you eritered -isUM(CA C6)", the formule would ougpit the same resul of adding those cells. 1. Use the Open Excel in New Tab button to launch this question 2. Wheo finished in Excel, use the Sove and Return to Assignment button in the lower tight to return to Connect 3. Rbitiondise term inpe tweoks weie purchased. Complete the statememt of cash flows fiedirect methoed) shown below by uting Formulas that ieference data from the income stabement and balance sheet (Sound by clicking the tabs at the botiom of thin workahert. Note Brank crill mory be incluted an cakulation (Necative amounts or amounts to be deducted should be input and daplayed as necative values)