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The 1ollowing intormation wes taken from Andrews Inc's balance sheets at December 31, 2009 and 2010. (Click Lhe icon to view the informalion. J Net inoome for 2010 was $23,000. Depreciation expense was $13,000. Propar the cash provided by operating activitins section of the company's statement of cash flows for the year anded December 31, 2010, using the indiract method. Prepare the cash provided by operating sctivities section of the company's statement of cash flows for the year ended December 31, 2010, using the indirect method. (Use parentheee8 r minus signe to enter cash outtlows or decreases in cash, Leave unueed cells blank,) Andrews Tech Corporation Statement of Cash Flows iMore Info For the Year Ended December 31, 2010 2010 2009 Curent assels: Cash from operating activities Cash S 70,000 : 58,000 Add Accounts receivable 7,000 33,000 Inventary 48.000 23.000 Prepaid expenses Deduct S 191,000 167,000 Total rurent assels Curent liabiltins Accrurd expenses navable 7,500 S 8,500 s 26.000 Net cash provided (used) by operating activities 44.000 Acccunis payable s 33.500 50.500 Total curent liabilites Print Done Cash from operating activities Add: Decrease in accounts payable Decrease in accounts receivable Deduct Decrease in accrued expenses payable Decrease in cash Decrease in inventory Net cash pro Decrease in prepaid expenses Depreciation expense Increase in accounts payable Increase in accounts receivable Increase in accrued expenses payable Increase in cash Increase in inventory Increase in prepaid expenses Net income Payment of dividends Purchase of equipment During the fiscal year ended March 31, 2009, Fins & Feathers Pet Company engaged in the following transactions: (Click the icon view the transactions.) Using the relevant transactions, prepare the cash from operating activities section the statement of cash flows using the direct method. Using the relevant transactions, prepare the cash from operating activities section the statement of cash flows using the direct method. (Use parentheses r minus signs enter cash outflows or decreases in cash. Leave unused cells blank.) Fins and Feathers Pet Company Statement of Cash Flows More Info For the Year Ended March 31, 2009 Collected $105,000 Paid interest of $4,200 Made cash sales of $205,000 accounts receivable Cash from operating activities Paid income taxes of $13,000 Recorded amortization expense of $37,000 Sold vehicle for cash of $13,500 Made payments to vendors of $85,700 Issued bonds for $400,000 $39,000 k Purchased land for cash of S370 000 Paid operating expenses of $27,300 Net cash provided by operating activities Print Done Cash from operating activities Cash collected from customers Cash paid for interest Cash paid for operating expenses Cash paid for salaries Cash paid for taxes Cash paid to vendors Depreciation expense Net income Payment of dividends Purchase of equipment