The accounting records of the Wilderness Trading Post Company include these accounts:

$($Click the icon to view the accounts.$)$

Requirement

Prepare the company's net cash provided by $($used for$)$ operating activities section of the statement of cash flows for the month of July. Use the indirect method. Do you see any potential problems in the company's cash flows from operations? How can you tell?

Begin by completing the cash flows 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.$)$

Data table

$\backslash$table$[[$Cash$,$Accounts Receivable,Inventory$],[$Jul $1,80,000,,,$Jul $1,4,000,,,$Jul $1,1,000,,],[$Receipts$,491,000,$Payments,$436,000,$Credit sales,$531,000,$Collections,$401,000,$Purchases,$402,000,$Cost of Sales,$312,000],[$Jul $31,135,000,$ment,,Jul $31,\backslash$table$[[134,000],[$ulated De$]],$prec$-$Equipr,,Jul $31,\backslash$table$[[91,000],[$Account$]],$is Payable,$],[$Jul $1,180,000,,,,,$Jul $1,53,000,,,$Jul $1,11,000],[$Acquisition$,12,000,,,,,$Depreciation,$6,000,$Payments,$335,000,$Purchases,$402,000],[$Jul $31,192,000|||,,,,,$Jul $31,59,000,,,$Jul $31,78,000],[$Accrued L$,$Liabilities,,Retained Earnings,,,,$],[,\backslash$table$[[$Jul $1],[$Accruals$]],\backslash$table$[[11,000],[28000]],\backslash$table$[[$Quarterly$],[$Dividend$]],,$Jul $1,68,000,,,,],[$Payments$,34,000,$Jul $31,11,000,$Dividend,$17,000|||,$Net Income,$40,000,,,,],[,,,,,$Jul $31,91,000,,,,]]$