In: Accounting
The independent cases are listed below includes all balance sheet accounts related to operating activities: Case A Case B Case C Net income $ 303,000 $ 11,500 $ 413,000 Depreciation expense 33,000 143,000 73,000 Accounts receivable increase (decrease) 86,000 (193,000 ) (13,000 ) Inventory increase (decrease) (43,000 ) 28,000 43,000 Accounts payable increase (decrease) (43,000 ) 113,000 63,000 Accrued liabilities increase (decrease) 53,000 (213,000 ) (33,000 ) 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.)
Cash flow from operating activities: | ||||||
Case A | Case B | Case C | ||||
Net Income | 3,03,000 | 11,500 | 4,13,000 | |||
Depreciation Expense | 33,000 | 1,43,000 | 73,000 | |||
Accounts Receivable increase(decrease) | -86,000 | 1,93,000 | 13,000 | |||
Inventory increase(decrease) | 43,000 | -28,000 | -43,000 | |||
Accounts Payable increase(decrease) | -43,000 | 1,13,000 | 63,000 | |||
Accrued Liabilities increase(decrease) | 53,000 | -2,13,000 | -33,000 | |||
Net Cash provided by Operating activities | 3,03,000 | 2,19,500 | 4,86,000 |