Rusco Company Direct Method of Determining the Net Cash flows from Operating activities Adjustments to a cash basis: Adjustments to a cash basis: Selling and administrative expenses Adjustments to a cash basis: Income taxes Adjustments to a cash basis: 0 0 0 0 0 Required 1 Required 2 > Operating activities: Cash received from customers Less cash disbursements for: Total cash disbursements Investing activities: Financing activities: Statement of Cash Flows For This Year Ended July 31 Beginning cash and cash equivalents Ending cash and cash equivalents 0 0 0 0 0 0