(Answered) Question for each of the following separate cases compute

Accounting

Question: For each of the following separate cases, compute cash flows from operations. The list includes all balance sheet accounts related to operating activities.

Case A Case B Case C

Net income . . . . . . . . . . . . . . . . . . . . . . . . $ 20,000 $125,000 $105,000

Depreciation expense . . . . . . . . . . . . . . . . . . 60,000 16,000 48,000

Accounts receivable increase (decrease) . . . . . .80,000 40,000 (8,000)

Inventory increase (decrease) . . . . . . . . . . . . (40,000) (20,000) 21,000

Accounts payable increase (decrease) . . . . . . . 28,000 (44,000) 16,000

Accrued liabilities increase (decrease) . . . . . . . (88,000) 10,000 (16,000)

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