Answer:
Net Cash flow from Operating Activities (Direct Method) = $343
Net Cash flow from Operating Activities (Indirect Method) = $343
Explanation:
Cash Flow Statement - Operating Activities (Direct Method)
Amount in $
Cash receipts from Customer (219+770-321) 668
Less: Cash paid to suppliers (120+285-207-98) -100
Cash paid Employees (96+117-108) -105
Cash Paid to Insurance (69+37-85) -21
Cash Generated from operation 442
Less: Interest paid (47-19) -28
Income tax paid (55+82-66) -71
Net Cash flow from Operating Activities 343
Cash Flow Statement - Operating Activities (Indirect Method)
Amount in $
Net Income 82
Add: Depreciation Expenses 120
Loss on sale of Machinery 12
Decrease in Inventory (422-324) 98
Increase in Account payable (207-120) 87
Increase in salaries payable (108-96) 12
Decrease in prepaid Insurance (69-85) 16
Decrease in Bond Discount (184-203) 19
Increase in Deferred Tax Liabilities (66-55) 11
Less: Gain on sale of Building -12
Increase Accounts receivable (321-219) -102
Net Cash flow from Operating Activities 343