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Rosie-Lee Company Schedule of Operating Cash Flows Using the Direct Method 1 Income Statement Adjustments Cash Flows 2 Revenues $920,000.00 $(18,000.00) $902,000.00 3 (602,000.00) 4

Rosie-Lee Company Schedule of Operating Cash Flows Using the Direct Method 1 Income Statement Adjustments Cash Flows 2 Revenues $920,000.00 $(18,000.00) $902,000.00 3 (602,000.00) 4 Operating expenses (177,600.00) 21,600.00 (156,000.00) 5 Net cash from operating activities $144,000.00

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