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Screenshot question attached The two independent cases are listed below: Sales Revenue $ 12,800 $ 10,800 $ 30,000 $ 19,800 Cost of goods Sold 6,900
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The two independent cases are listed below: Sales Revenue $ 12,800 $ 10,800 $ 30,000 $ 19,800 Cost of goods Sold 6,900 6,400 15,600 11,900 Gross Profit 5,900 4,400 14,400 7,900 Depreciation Expense 1,180 1,180 1,680 1,680 Salaries and Wages Expense 3,400 2,180 6,800 5,180 Net Income 1,320 1,040 5,920 1,040 Accounts Receivable 390 490 840 690 Inventory 840 590 910 890 Accounts Payable 980 880 890 1,030 Salaries and Wages Payable 2,800 1,380 290 340 Compute the net cash flow from operating activities section of the Year 2 statement of cash flows using the direct method. (Amounts to 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 ActivitiesStep by Step Solution
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