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  3. suppose your company reports $190 of net income an

Suppose your company reports $190 of net income and $46 of...

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Accounting

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Suppose your company reports $190 of net income and $46 of cash dividends paid, and its comparative balance sheet indicates the following. Cash Accounts Receivable Inventory Total Salaries and Wages Payable Common Stock Retained Earnings Total Beginning $ 41 105 275 $421 $ 16 130 275 $421 Ending $241 211 171 $623 $ 80 124 419 $623 5 Required: 1. Prepare the operating activities section of the statement of cash flows, using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Net Income Increase in Accounts Receivable Decrease in Inventory Increase in Salaries and Wages Payable Dividends paid Net Cash Flow from Operating Activities

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