Reconotins Net income and Cash Fow from Operabons Using Fat For fiscal year 2016 . Alfte Enterprises had the foliowing summary information available concerning its operating activities, The compary had no invosting oc financing activsies thrs year b. What was the componys net income for the year? s What was the cash fow from operatirg octwives? cuse the direct methody b. What was the company's net income for the year? What was the cash flow from operating activities? (Use the direct method.) : c. Indicate the direction and amounts by which each of the following accounts changed during the year. d. Using your results above, prepare the operating activities section of the statement of cash flows using the indirect format. Note: Use negative signs with answers, when appropriate. Reconotins Net income and Cash Fow from Operabons Using Fat For fiscal year 2016 . Alfte Enterprises had the foliowing summary information available concerning its operating activities, The compary had no invosting oc financing activsies thrs year b. What was the componys net income for the year? s What was the cash fow from operatirg octwives? cuse the direct methody b. What was the company's net income for the year? What was the cash flow from operating activities? (Use the direct method.) : c. Indicate the direction and amounts by which each of the following accounts changed during the year. d. Using your results above, prepare the operating activities section of the statement of cash flows using the indirect format. Note: Use negative signs with answers, when appropriate