Answer Happy

The three independent cases that follow include all balance sheet accounts related to operating activities. Case B Case A $ 303,000 Case C $ 413,000 $ 11,500 143,000 33,000 73,000 (13,000) 86,000 (193,000) (43,000) 28,000 43,000 (43,000) 113,000 63,000 53,000 (213,000) (33,000) Net income Depreciation expense Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) Required: Show the operating activities section of cash flows for each of the given cases. (Amounts to be deducted should be indicated with a minus sign.) Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities Depreciation Changes in Assets and Liabilities Accounts Receivable Inventory Accounts Payable Accrued Liabilities Net Cash Provided by Operating Activities Case A Case B Case C