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Suppose your company reports $205 of net income and $49 of cash dividends paid, and its comparative balance sheet indicates the following Ending $254 224

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Suppose your company reports $205 of net income and $49 of cash dividends paid, and its comparative balance sheet indicates the following Ending $254 224 184 $662 95 121 446 $662 Cash Accounts Receivable Inventory Beginning $ 44 120 290 Total Salaries and Wages Payable Common Stock Retained Earnings $ 19 145 290 $454 Total Required 1. Prepare the operating activities section of the statement of cash flows, using the indirect method. (Amounts to be deducted shoulc be indicated with a minus sign.) Net Income rease in Accounts Receivable Decrease in Inventory Increase in Salaries and Wages Payable Dividends paid Net Cash Flow from Operating Activities

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