Required information E12-4 (Algo) Understanding the Computation of Cash Flows from Operating Activities (Indirect Methoc) [LO122] [The following information applies to the questions displayed below. Suppose your company sells services of $230 in exchange for $160 cash and $70 on account. Depreciation of $90 relating to equipment also is recorded. E12-4 (Algo) Part 2, 3 and 4 2. Calculate the amount that should be reported as net cash llow from operating activities. 3. Calculate the amount that 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 (requirement Complete this question by entering your answers in the tabs below. Calculate the amount that should be reported as net cakh flow from operating octivities. Complete this question by entering your answers in the Calculate the amount that 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 (requir 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 a minus sign.)