Required: Complete the following income statement for Bolden Company. Assume all accounts payable are to suppliers

cash 'lows from operating activities for both the indirect and direct methods are presented for Bolden Company. Cash Flows fron Operating Activities (Indirect method) Net income Adjustments to reconcile net income to net Depreciation expense Increase in accounts receivable Increase in accounts payable Increase in income tax payable Net cash from operpt@pg. activities Cash F Ious from Operating Activities Direct Cash received from Customers Cash paid for operating expenses Cash paid for income taxes Net cash f Ion's I rom Operating activities Required: cash flows from operating activities: method $34, g s, Bee gee 2 4ee S77, (24,Be.) __(_ggggg)_ $42,4ee Complete the following income statement Bolden Company. Assume all accounts payable are suppliers. Income Net sales Oporating o. 000 so Income oyponso ? .bco 34.800