1.) Harlow Industries reported net income of $35,168 for the current year. During the year,...

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Accounting

1.) Harlow Industries reported net income of $35,168 for the current year. During the year, Inventory decreased by $11,561, Accounts Payable decreased by $15,530, Depreciation Expense was $6,972, and Accounts Receivable increased by $6,906. If the indirect method is used, what is the net cash provided by operating activities?

2.) Based on the following information about cash transactions, compute cash flows from financing activities. Note: Some information may not be necessary for your calculation.

Purchase of investments = $31,404

Dividends paid = $6,250

Interest paid = $9,580

Additional amount borrowed from a bank = $54,266

3.) Using the information below and the indirect method, calculate the Net Cash Provided by Operating Activities.

Net Income = $70,484

Depreciation Expense = $4,583

Increase in Accounts Receivable = $16,402

Decrease in Inventory = $25,488

Increase in Accounts Payable = $18,979

Decrease in Accrued Liabilities = $8,963

4.) Using the information below and the indirect method, calculate the Net Cash Provided by Operating Activities.

Net Income = $62,704

Depreciation Expense = $6,196

Decrease in Accounts Receivable = $19,660

Decrease in Inventory = $25,251

Increase in Accounts Payable = $15,033

Increase in Accrued Liabilities = $8,480

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