Rodriguez Company completed its income statement and comparative balance sheet for the current year and...
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Rodriguez Company completed its income statement and comparative balance sheet for the current year and provided the following information: $ 51,900 Income Statement for Current Year Service revenue Expenses Salaries $41,000 Depreciation 7,300 Amortization of copyrights 350 Other expenses 10,000 Net loss 58,650 $ (6,750) Partial Balance Sheet Accounts receivable Salaries payable Other accrued liabilities Current Prior Year Year $ 10,000 $ 16,100 14,600 1,700 2,000 6,800 In addition, Rodriguez bought a small service machine for $6,100. Required: 1. Present the operating activities section of the statement of cash flows for Rodriguez Company using the indirect method. (List loss amount and cash outflows as negative amounts.) RODRIGUEZ COMPANY Statement of Cash Flows (Partial) Cash flows from operating activities
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