Suppose your company reports $200 of net income and $48 of cash dividends paid, and its comparative balance sheet indicates the following Cash Accounts Receivable Inventory Total Salaries and Wages Payable Common Stock Retained Earnings Total Beginning $ 43 115 285 $443 $ 18 140 285 $443 Ending $243 213 173 $629 $ 90 102 437 $629 Required: 1. Prepare the operating activities section of the statement of cash flows, using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Net Income Increase in Accounts Receivable Decrease in Inventory Chec you JOLOR ESO roses Common Stock Retained Earnings Total 140 285 $443 102 437 $629 Required: 1. Prepare the operating activities section of the statement of cash flows, using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Net Income Increase in Accounts Receivable Decrease in Inventory Increase in Salaries and Wages Payable Dividends paid Net Cash Flow from Operating Activities Trefoil Company is a manufacturer of steel products for customers such as Home Depot, Lowe's, Chrysler, Ford, and General Motors. In the year ended December 31, 2016, it reported the following activities: Net income Purchase of equipment Payments on notes payable to bank Net proceeds from stock issuance Depreciation Proceeds from sale of equipment Decrease in accounts receivable Payments to acquire treasury stock $32,875 10,000 200 3,292 23,200 870 39,200 1,730 Required: Based on this information, present the cash flows from the investing and financing activities sections of the cash flow statement (Amounts to be deducted should be indicated by a minus sign.) TREFOIL COMPANY Statement of Cash Flows (Partial) For the Year Ended December 31, 2016 Cash Flows from Investing Activities Required: Based on this information, present the cash flows from the investing and financing activities sections of the cash flow statement (Amounts to be deducted should be indicated by a minus sign.) TREFOIL COMPANY Statement of Cash Flows (Partial) For the Year Ended December 31, 2016 Cash Flows from Investing Activities: Cash Flows from Financing Activities