same question, but couldnt fit all in one snip. Disregard the answers, just want to make sure they are right.

Cash Flow from Operating Activities (Indirect Method) The Lincoln Company owns no plant assets and had the following income statement for the year: $900,000 Sales revenue Cost of goods sold $564,000 Wages expense Rent expense Insurance expense 8,000 764,400 132,000 50,400 $135,600 Net income Additional information about the company includes Accounts receivable Inventory Prepaid insurance Accounts payable Wages payable End of Year $64,800 72,000 9,600 26,400 10,800 Beginning of Year $58,800 79,200 8,400 21,600 13,200