Required information E12-4 (Algo) Understanding the Computation of Cash Flows from Operating Activities (Indirect Method) [LO122] (The following information applies to the questions displayed below.) Suppose your compamy sellis 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 repoited 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 (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 cash flow from operating activities. Net Cash Inflow from operating activities Net Cash Inflow from operating activities Complete this question by entering your answers in the tabs below. Calculate the amount that should be reported as net income. 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.)