Arundel Company disclosed the following information for its recent calendar year. $110.000 Income Statement Data...
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Arundel Company disclosed the following information for its recent calendar year. $110.000 Income Statement Data Revenues Expenses Salaries expense Utilities expense Depreciation expense Other expenses Net loss Selected Year-End Balance Sheet Data Accounts receivable decrease $27.000 Purchased a machine for cash 20,000 Salaries payable increase 28.000 Other accrued liabilities decrease 18,000 75,000 32.000 30.600 8.900 $(36.5ee) Required: 1. Prepare the operating activities section of the statement of cash flows using the indirect method (Any losses or amounts to be deducted should be indicated with a minus sign.) Cash flows from operating activities
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