Answer Happy

Pearl Corporation had the following 2020 income statement Revenues $110,000 Expenses 57,000 $53,000 In 2020, Pearl had the following activity in selected accounts. Accounts Receivable 1/1/20 Revenues 12/31/20 20,000 Write-offs 1,000 110,000 Collections 89,000 40,000 Allowance for Doubtful Accounts 1/1/20 1,200 Write-offs 1.000 Bad debt expense 2.000 12/31/20 2.200 (a) Prepare Pearl's cash flows from operating activities section of the statement of cash flons using the direct method. Pearl Corporation Statement of Cash Flows-Direct Method (Partial) (b) Prepare Pearl's cash flows from operating activities section of the statement of cash flows using the Indirect method. Show mounts
(a) Prepare Pearl's cash flows from operating activities section of the statement of cash flows using the direct method. Pearl Corporation Statement of Cash Flows-Direct Method (Partial) (b) Prepare Pearl's cash flows from operating activities section of the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a somes -15.000 or in porenthesses (15,0001) Pearl Corporation Statement of Cash Flows-Indirect Method (Partial) < $