The accounting records of North Central Corporation reveal the following: Data table Requirements

Prepare the cash flows from operating activities section of the statement of

cash flows using the indirect method.

Evaluate the operating cash flow of North Central Corporation. Explain.

$($Click the icon to view the data table.$)$

Read the requirements.

Requirement $1.$ Prepare the cash flows from operating activities section of the statement of cash flows 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:

Adjustments to reconcile net income to

net cash provided by $($used for$)$ operating activities:

L

Net cash provided by $($used for$)$ operating activities