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Presented below is the latest income statement of Mandolin Ltd:: In addition, the following is the change in wcrking capital accounts for the year Mandolin

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Presented below is the latest income statement of Mandolin Ltd:: In addition, the following is the change in wcrking capital accounts for the year Mandolin Ltd. also reports that depreciation expense for the year was $10,550 Instructions a) Prepare a schedule calculating the net cash flow from operating activities that would be shown on a stater of cash flows using the direct method. b) Prepare a schedule calculating the net cash flow from operating activities that would be shown on a stater of cash flows using the indirect method

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