Current Attempt in Progress The income statement of Riverbed Company is shown below.Prepare the operating...

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Accounting

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The income statement of Riverbed Company is shown below.Prepare the operating activities section of the statement of cash flows using the direct method.
RIVERBED COMPANY
Statement of Cash Flows (Partial)
For the Year Ended December 31,2020
Cash Flows from Operating Activities
Increase in Inventory
$
$
longrightarrow
$
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submission can take up to 10 minutes.Accounts receivable decreased $370,000 during the year.
Prepaid expenses increased $160,000 during the year.
Accounts payable to suppliers of merchandise decreased $250,000 during the year.
Accrued expenses payable decreased $90,000 during the year.
Administrative expenses include depreciation expense of $70,000.
Prepare the operating activities section of the statement of cash flows using the direct method.
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