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Saved The two independent cases are listed below: Sales Revenue Cost of Goods Sold Gross Profit Depreciation Expense Salaries and Wages Expense Net Income Accounts

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Saved The two independent cases are listed below: 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 Case A Case B Year 2 Year 1 Year 2 Year 1 11,800 12,400 $ 21,800 $22,000 6,720 12,720 9,500 13,910 5,080 2,900 9,080 8,090 1,200 1,200 1,900 1,900 1.700 1,200 5,800 5,800 2,180 500 1,380 390 340 480 830 640 790 580 770 880 880 740 880 970 1,040 1,280 240 330 Show the operating activities section of the statement of cash flows for year 2 using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Case A Case B Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities Changes in Assets and Liabilities 1,200 1,900 1,200 1,200 Depreciation Expense Salaries and Wages Expense Net Income Accounts Receivable Inventory Accounts Payable Salaries and Wages Payable 1,700 2.180 340 790 880 1,040 500 480 580 740 1,900 5,800 1,380 830 770 880 5,800 390 640 880 970 1,280 240 330 Show the operating activities section of the statement of cash flows for year 2 using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Case A Case B Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities Changes in Assets and Liabilities

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