Required information E12-3 Understanding the Computation of Cash Flows from Operating Activities (Indirect Method) (LO 12. The following information applies to the questions displayed below. Suppose your company sells services for $425 cash this month. Your company also pays $250 in salaries and wages which includes $115 that was payable at the end of the previous month and $135 for salaries and wages of this month E12-3 Part 2, 3 and 4 2. Calculate the amount that should be reported as net cash flow from operating activities 3. Calculate the amount that should be reported as net income 4. Show how the Indirect method would convert net income requirements to net cash flow from operatin Complete this question by entering your answers in the tabs below. Required 2 Required 3 Required 4 Calculate the amount that should be reported as net cash flow from operating activities. 1140 PM Complete this question by entering your answers in the tabs belo Required 2 Required 3 Required 4 Calculate the amount that should be reported as net income. Net Income Required 2 Prey y yu answers in the tabs below. Required 2 | Required 3 Required 4 Show how the indirect method would convert net income (requirement 3) to net ca (requirement 2). (Amounts to be deducted should be indicated with a minus sign. Net Income Decrease in Salaries and Wages Payable Net Cash Flow from Operating Activities