oped Book Hint Print erences Hampton Company reports the following information for its recent calendar year Selected Year End

Question

oped Book Hint Print erences Hampton Company reports the following information for its recent calendar year Selected Year End Balance Sheet Data Accounts receivable increase 75 000 Inventory decrease 41 000 Salaries payable increase 13 000 7 000 14 000 Income Statement Data Sales Expenses Cost of goods sold Salaries expense Depreciation expense Net income Required Prepare the operating activities section of the statement of cash flows using the indirect method Note Amounts to be deducted should be indicated with a minus sign Statement of Cash Flows partial Cash flows from operating activities indirect method Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash 6 000 3 000 800 Changes in current operating assets and liabilities

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