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Requined information E12.4 (Algo) Understanding the Computation of Cash Flows from Operating Activities (indirect Method) [LO 12-2]] The following informotion apples to the quesfians draplayed

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Requined information E12.4 (Algo) Understanding the Computation of Cash Flows from Operating Activities (indirect Method) [LO 12-2]] The following informotion apples to the quesfians draplayed bevowV Suppose your company sels services of 5270 in exchange for $180 cath and 550 account Degreciation of 5110 relating to equibment also is recorded. E12-4 (Algo) Part 2, 3 and 4 2. Calculate the amount that should be reported as net cash flow from operating activities. 2. Catcufate the amount that chould be reperted as net income. 4. Show how the inderect method would comert net income (requirement 3 ) to net cash flow fors operating activies (requirement 2 ). Complete this question by entering your answers in the tabs below. Coeculate ve a nount that should he reported as net cash fow fram ostrabng activites. 2. Calculate the asnyunthis should be reported as net cash flow from operating activities. 3. Calculate the amcians hat should be reported as net income. 4. Show how the indirect method would convert net income (requirement 3) to net cash flow from operating activities (requ Complete this question by entering your answers in the tabs below. Calculate the amount that should be reported as net income. 7. Show ho. if indirect method would convert net income (requirement 3 ) to net cash flow from operating activities fres. Complete this question by entering your answers in the tabs below. Show how the indirect method would convert net income (requirement 3) to net cash flow from operating activities (requirement 2). (Amounts to be deducted should be indicated with ininus sign.)

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