REQUIREMENTS

Prepare the $2024$ statement of cash flows, formatting operating activities by the indirect AND direct methods.

CanGrow, Inc.

Income Statement

Year Ended December $31,2024$

Net Sales Revenue

Cost of Goods Sold

Gross Profit

Operating Expenses:

Salaries Expense

Depreciation Expense $-$ Plant Assets

Other Operating Expenses

Total Operating Expenses

Operating Income

$\backslash$table$[[$Other Income and $($Expenses$)$:$,138,300],[$Interest Revenue,$8,100],[$Interest Expense,$-21,700$