The 3000unting records of the Ashby Trading Post Company include these accounts: B Click the loon to view the accounts.) Requirement 1. Prepare the company's net cash pravided by used for) daerating activities section of the statement of cash flows for the month of July. Use the indicat method. Do you see any potential problems in the company's cash flows from operations? How can you tell? Begin by completing the cash Nons from operating activities section for the month of July using the Indirect method. (Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash.) Cash flows from operating activities: Data Table Adjustment to recandile net income to net cash provided by (so far) aperating activities: Jul 1 1 Cash Accounts Receivable 40,000 Jul 1 4,000 191,000 Payments 436,000 Credit Sales 531,000 Collections 95,000 Jul 31 134,000 Inventary 1,000 402,000 Coet of Sales 312,000 91,0001 Receipts 401,000 Purchases Jul 31 Jul 31 Equipment Acoounts Payable Net cash provided by (used for operating activities Jul JU 185,000 12,000 197,000 Accumulated Depec Equipment Jul 1 53,000 Depreciation 11,000 Payirunts Jul 31 64,000 Augusti 334,000 Purchases Jul 31 10,000 402,000 78,000 Jul 31 Accrued Liabilitas Jul 1 Ratinad Enmings Jul 1 22,000 Net Income Jul 31 19.000 Quarterly 27,000 Dividend 14,000 68,000 17,000 Payments 32.000 Accruals Jul 31 83,000 Print Done