Arundel Company disclosed the following information for its recent calendar year $ 85,000 Income Statement...
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Arundel Company disclosed the following information for its recent calendar year $ 85,000 Income Statement Data Revenues Expenses: Salaries expense Utilities expense Depreciation expense Other expenses Net loss Selected Year-End Balance Sheet Data Accounts receivable decrease $24,093 Purchased a machine for cash 19,000 Salaries payable increase 27, see Other accrued liabilities decrease 16,888 73,000 33.000 29,200 7,200 $(57,400) Prepare the operating activities section of the statement of cash flows using the indirect method (Any loss or amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from operating activities
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