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Trudeau Corporation determines operating cash fows by the indirect method. EEB (Click the icon to view the income statement.) How do Trudeau's accrued labilities affect
Trudeau Corporation determines operating cash fows by the indirect method. EEB (Click the icon to view the income statement.) How do Trudeau's accrued labilities affect the company's statement of cash flows for 2017? (Click the icon to view the balance sheet.) 0 Balance sheet O A. Increase in cash used by financing activities O B. Increase in cash provided by operating activties O C. They don't because the accrued liabilities are not yet paid. O D. Increase in cash used by investing activities Trudeau Corporation Comparative Balance Sheet as at December 31, 2017 and 2016 Liabilities and Assets 2017 2016 Shareholders' Equity 2017 2016 Cash Accounts receivable Inventory Plant and equipment, net... S 4,000 S 1,000 Accounts payable S 6,000 S 7,000 3,000 10,000 70,000 $ 114.000 S 90,000 Income Statement 7,000 11,000 Accrued liabilities 10,000 9,000 Common shares 93.000 69,000 Retained earnings 7,000 20,000 81,000 $ 114.000 $ 90,000 Income Statement for Year Ended December 31, 2017 180,000 Sales Gain on sale of equipment Cost of goods sold revenue... Print Done 8,000 110,000 6,000 25,000 $ 188,000 141,000 S 47,000 Other operating expenses Net income
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