The accounting records of Nunavut Fur Traders include these accounts: (Click the icon to view the accounts.) Required Compute Nunavut's net cash provided by (used for) operating activities during May. Use the indirect method. Do you see any potential problems in Nunavut's cash flows from operations? How can you tell? Begin by completing the cash flows from operating activities. (Use parentheses or a minus sign for numbers to be subtracted and for negative amounts.) Cash flows from operating activities: Adjustment to reconcile net income to net cash provided by (used for) operating activities: Net cash provided by (used for) operating activities Do you see any potential problems in Nunavut's cash flows from operations? How can you tell? Nunavut shows collecting receivables and selling inventory. There is X Data Table Cash Accounts Receivable Inventory 208,000 May 1 20.800 May 1 15,600 May 1 Receipts 1,357,200 Collections 1,086,800 Purchases 1.125.800 Cost of Sales 865,800 1,086,800 Payments 1,170,000 Receipts 124,800 May 31 May 31 291,200 May 31 275,600 Equipment Accumulated Depreciation Equipment Accounts Payable 470.600 May 1 117,000 39,000 May 1 Acquisition May 1 868,400 Purchases 10.400 13,000 Payments 1,125,800 Depreciation May 31 May 31 481,000 130,000 May 31 296,400 Accrued Liabilities Retained Earnings 36,400 Quarterly May 1 163,800 May 1 91,000 | Receipts Payments 78,000 Dividend 52,000 Net Income 65,000 May 31 23,400 May 31 176,800 Print Done