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Sales Revenue Cost of Goods Sold Gross Profit Depreciation Expense Salaries and Wages Expense Net Income Accounts Receivable Inventory Accounts Payable Salaries and Wages
Sales Revenue Cost of Goods Sold Gross Profit Depreciation Expense Salaries and Wages Expense Net Income Accounts Receivable Inventory Accounts Payable Salaries and Wages Payable Required: Year 2 Case A Year 1 Year 2 Case B Year 1 $ 12,800 $ 10,800 $ 30,000 $ 19,800 6,900 6,400 15,600 11,900 5,900 4,400 14,400 7,900 1,180 1,180 1,680 1,680 3,400 2,180 6,800 5,180 $ 1,320 $ 1,040 $ 5,920 $ 1,040 $ 390 $ 490 $ 840 $ 690 840 590 910 890 980 2,800 880 890 1,030 1,380 290 340 Compute the net cash flow from operating activities section of the Year 2 statement of cash flows using th o be deducted should be indicated with a minus sign.) Cash Collected from Customers Cash Payments to Suppliers Cash Payments for Salaries and Wages Net Cash Provided by Operating Activities EA $ Case A Case B $ 29,850 0 $ 29,850
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