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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

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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 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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