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Q3 No paper answers please. Swifty Company's income statement for the year ended December 31,2020 , contained the following condensed information. Swifty's balance sheet contained

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Q3 No paper answers please.

Swifty Company's income statement for the year ended December 31,2020 , contained the following condensed information. Swifty's balance sheet contained the following comparative data at December 31. (Accounts payable pertains to operating expenses.) Prepare the operating activities section of the statement of cash flows using the direct method. SWIFTY COMPANY Statement of Cash Flows (Partial) v^ $ $ $ eTextbook and Media Cash Receipts from Customers Cash Payments for Income Taxes Taxes Paid Decrease in Inventory Dividends Received Increase in Accounts Payable Interest Paid Cash Payments for Operating Expenses Decrease in Accounts Payable Increase in Accounts Receivable Decrease in Accounts Receivable Increase in Inventory

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