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The three independent cases that follow include all balance sheet accounts related to operating activities. Case A Case B Case C Net income $ 316,000
The three independent cases that follow include all balance sheet accounts related to operating activities.
Case A
Case B
Case C
Net income
$ 316,000
$ 18,000
$ 426,000
Depreciation expense
46,000
156,000
86,000
Accounts receivable increase (decrease)
112,000
(206,000)
(26,000)
Inventory increase (decrease)
(56,000)
41,000
56,000
Accounts payable increase (decrease)
(56,000)
126,000
76,000
Accrued liabilities increase (decrease)
66,000
(226,000)
(46,000)
The three independent cases that follow include all balance sheet accounts related to operating activities. Case A Case B Case C Net income $ 316,000 $ 18,000 $ 426,000 Depreciation expense 46,000 156,000 86,000 Accounts receivable increase (decrease) 112,000 (206,000) (26,000) Inventory increase (decrease) (56,000) 41,000 56,000 Accounts payable increase (decrease) (56,000) 126,000 76,000 Accrued liabilities increase (decrease) 66,000 (226,000) (46,000) Required: Show the operating activities section of cash flows for each of the given cases. (Amounts to be deducted should be indicated with a minus sign.) Case A Case B Case C Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities Depreciation Changes in Assets and Liabilities Accounts Receivable Inventory Accounts Payable Accrued Liabilities Net Cash Provided by Operating Activities $ $ 0 $
The three independent cases that follow include all balance sheet accounts related to operating activities.
| Case A | Case B | Case C |
Net income | $ 316,000 | $ 18,000 | $ 426,000 |
Depreciation expense | 46,000 | 156,000 | 86,000 |
Accounts receivable increase (decrease) | 112,000 | (206,000) | (26,000) |
Inventory increase (decrease) | (56,000) | 41,000 | 56,000 |
Accounts payable increase (decrease) | (56,000) | 126,000 | 76,000 |
Accrued liabilities increase (decrease) | 66,000 | (226,000) | (46,000) |
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