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HOW DO I DO THE DIRECT METHOD? HOW CAN I FIGURE OUT IF ITS...

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Accounting

HOW DO I DO THE DIRECT METHOD?
HOW CAN I FIGURE OUT IF ITS DECREASE OR INCREASE?
At December 31 Current Year Prior Year
Accounts Receiable 5,6005,800
Inventory 1,9801,540
Accounts Payable 4,4004,600
Salaries Payable 880700
Utilities Payable 220160
Prepaid Insurance 260280
Prepaid Rent 220180
Income Statment
Sales Revenue 97,200
Expenses
Costs of Goods Sold 42,000
Depreciate Expense 12,000
Salaries Expense 18,000
Rent Expense 9,000
Insurance Expense 3,800
Interest Expense 3,600
Utilities Expense 2,800
Net Income $6,000
Requirements:
Prepare the Operating Activities Section of the Statement of Cash Flows using the Direct Method for the Current Year
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