ura County Community College District esc -7 1 Q A T option N Z. noyumrcy Check Cash from operating activities, $17,780 Prepare the operating activities section of the statement of cash flows using the indirect method for the current year. Problem 16-2AB Direct: Computing cash flows from operations P5 Refer to the information in Problem 16-1A. 2 W Watch: Chapter 16 Demonstrations: ACCT R102 - Managerial Accou.... Required Prepare the operating activities section of the statement of cash flows using the direct method for the current year. S X Problem 16-3A Indirect: Statement of cash flows A1 P2 P3 r Forten Company's current-year income statement, comparative balance sheets, and additional information follow. For the year, (1) all sales are credit sales, (2) all credits to Accounts Receivable reflect cash receipts from customers, (3) all purchases of inventory are on credit, and (4) all debits to Accounts Payable reflect cash payments for inventory. command #3 E IT D $ 4 C R Sales Cost of goods sold Gross p