select answers from the given for the 3 blanks and put numbers under the dollar sign

Indirect Method - Preparing the Operating Activities Section The following data are from the accounting records of Clooney Company Description Amount Net Income accrual basis) $ 60,000 Depreciation expense 11,700 Decrease in salaries payable 1.800 Decrease in trade accounts receivable 2,700 Increase in merchandise inventory 3.750 Amortization of patent 150 Increase in long-term fiabilities 05,000 Sale of capital stock for cash 37.500 Accounts payable increase 6,000 Prepare the operating activities section of the statement of cash flows for Clooney Company using the Indirect method. Cash Flows from Operating Activities e Adjustments Depreciation expense Amortization of patent Decrease in trade accounts receivable Increase in merchandise inventory Decrease in salaries payable $ Increase in accounts payable Increase in long-term liabilities Net cash provided by operating activities Net income Sale of capital stock 2,700 BILLIUS VILIVUHy Lunary Description Amount Net Income (accrual basis) $ 60,000 Depreciation expense 11.700 Decrease in salaries payable 1,800 Decrease in trade accounts receivable Increase in merchandise inventory 3,750 Amortization of patent 150 Increase in long-term liabilities 15,000 Sale of capital stock for cash 37.500 Accounts payable increase 6,000 Prepare the operating activities section of the statement of cash flows for Clooney Company using the indirect method Cash Flows from Operating Activities e 5 Adjustments: Depreciation expense Amortization of patent Decrease in trade accounts receivable Increase in merchandise inventory Decrease in salaries payable $ Increase in accounts payable Increase in long-term Habilities Net cash provided by operating activities Net income Sale of capital stock medse merchandise inventory 3,750 Amortization of patent 150 Increase in long-term liabilities 15,000 Sale of capital stock for cash 37.500 Accounts payable increase 6,000 Prepare the operating activities section of the statement of cash flows for Clooney Compar Cash Flows from Operating Activities Increase in accounts payable Increase in long-term liabilities Net cash provided by operating activities Net income Sale of capital stock Decrease in salaries payable $ Previous Save Answers