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The following schedule relates the income statement with cash flows from operating activities, derived by both the direct and indirect methods. Some elements necessary to

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The following schedule relates the income statement with cash flows from operating activities, derived by both the direct and indirect methods. Some elements necessary to complete the schedule are missing Required: Complete the schedule ty determining each of the following missing elements (Amounts to be deducted should be indicated with a minus sign) Canone of equipment cash low from Operating Activities Indirect Me Diret Method Nome $ 42 Adium 300 Decrease in accounts receivable Cash received from customers 24 non sale of equipment 124)(Not reported cash feet) Increase in inventory (12) Increase in counts payable 18 Cash paid to suppliers (42) Cash paid to employees Deprecation expense Cash paid for depreciation Decrease in bond discount Cash paid for interest 2 Decrease prepaid insurance Cash paid for insurance (0) Los on otland Not reported cashet (27) Inese taxpayable Cash paid for income Net cash flows from operating activities 554 Net cash flows from operating activities Cost of goods sold Ses sense Depreciation experte interest une expense Lorson of land comes Not income (174) (36) (0 20 54

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