Required information [The following information applies to the questions displayed below] Suppose your company sells goods for $490, of which $295 is recelved in cash and $195 is on account. The goods cost your company $163 and were paid for in a previous period. Your company also recorded salarles and wages of $165, of which only $49 has been paid in cash. 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. 4how how the indirect method would convert net income (requirement 3 ) to net cash flow from operating activities (requirement 2 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. [Hhe following intormation appiles to the questions displayed beiow] Suppose your company selts goods for $490, of which $295 is received in cash and $195 is on account. The goods cost. your company $163 and were paid for in a previous period. Your company also recorded salaries and wages of $165, of which only $49 has been paid in cash. 2. Caiculate 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 corvert net income (requirement 3 ) to net cash flow from operating activities (requirement 2) Complete this question by entering your answers in the tabs below. Calculate the amount that should be reported as net income. Suppose your comparty sells goods for $490. of which $295 is received in cash and $195 is on account. The goods cost your company $163 and were paid for in a previous period. Your company also recorded salaries and wages of $165, of which only $49 has been paid in cash. 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 (requirement 3) to net cash flow from operating activities (requirement 2). Complete this question by entering your answers in the tabs below. Show fow the indirect method would convert net income (requirement 3) to net cash flow from operating octivities (requirement 2). (Amounts to be deducted should be indicated with a minus sign.)