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Question 2 of 10 You are given uc ic..oving financial statement information for Kunde Limited: - Net income for 12/31/2014 is $19,100 - There were
Question 2 of 10 You are given uc ic..oving financial statement information for Kunde Limited: - Net income for 12/31/2014 is $19,100 - There were no disposals of PP\&E during the period. - Net income for 12/31/2014 is $19,100 - There were no disposals of PP\&E during the period. - The accumulated depreciation balance was $80,500 and $92,500 at the end of 2013 and 2014 , respectively Answer the following questions related to calculating Kunde Limited's operating cash flows using the indirect method for the year ended 12/31/2014. Do not leave any cell blank! Q1. To arrive at operating cash flows, what adjustment (if any) is mode to Net Income for Depreciation Expense? \$ If the adjustment is positive, enter your answer as a positive number. If the adjustment is negative, enter your answer as a negative number if there is no adjustment, please enter 0 . Q2: To arrive at operating cash flows, what adjustment (if any) is made to Net Income for Gains and Losses? \$ If the adjustment is positive, enter your answer as a positive number. If the adjustment is negative, enter your answer as a negative number if there is no adjustment, please enter 0. Q3: What are operating cash flows for Kunde Limited for the year ended 12/31/2014 \$ Enter net cash inflows as a positive number and net cash outflows as a negative number
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