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Required Information [The following information applies to the questions displayed below] Suppose your company sells services of $350 in exchange for $220 cash and $130 on account. Depreciation of $150 relating to equipment also is recorded. 2. Calculate the amount that should be reported as net cash flow from operating activities. 3. Caiculate the amount that should be reported as net income. 4. Show how the indirect method would convert net income (requirement 3) to net cash flow from operating activities (requirement 2 Complete this question by entering your answers in the tabs below. Calculate the amount that should be reported as net cash flow from operating activities. Required Information [The following information applies to the questions displayed below] Suppose your company sells services of $350 in exchange for $220 cash and $130 on account. Depreciation of $150 relating to equipment also is recorded. 2 Calculate the amount that should be reported as net cash fiow from operating activities. 3. Calculate the amount that should be reported as net income. 7. Show how the indirect method would convert net income (requirement 3 ) to net cash flow from operating activities (requirement 2 ) Complete this question by entering your answers in the tabs below. Calculate the amount that should be reported as net income. Required Information [The following information applies to the questions displayed below] Suppose your company sells services of $350 in exchange for $220 cash and $130 on account. Depreciation of $150 relating to equipment also is recorded. 2. Calculate the amount that should be reported as net cash flow from operating activities. 3. Calculate the amount that should be reported as net income. 4. Show how the indirect method would convert net income (requirement 3) to net cash flow from operating activities (requirement Complete this question by entering your answers in the tabs below. Show how the indirect method would convert net income (requirement 3 ) to net cash flow from operating activities (requirement 2). Noten: Amounts to be deducted should be indicated with a minus sign

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