Rodriguez Company completed its income statement and comparative balance sheet for the current year and provided the following information:
Income Statement for Current Year
Service revenue $
Expenses
Salaries $
Depreciation
Amortization of copyrights
Other expenses
Net loss $
Partial Balance Sheet Current Year Prior Year
Accounts receivable $ $
Salaries payable
Other accrued liabilities
In addition, Rodriguez bought a small service machine for $
Required:
Present the operating activities section of the statement of cash flows for Rodriguez Company using the direct method. Assume that other accrued liabilities relate to other expenses on the income statement.
