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Required information [ The following information applies to the questions displayed below. ] Portions of the financial statements for Parnell Company are provided below. Required:

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Required information
[The following information applies to the questions displayed below.]
Portions of the financial statements for Parnell Company are provided below.
Required:
Prepare the cash flows from operating activities section of the statement of cash flows for Parnell Company using the
direct method.
Note: Enter your answers in thousands (i.e.,10,000 should be entered as 10). Amounts to be deducted should be
indicated with a minus sign.
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