Larkspur Corporation had the following 2020 income statement. Sales revenue $192,000 Cost of goods sold 122,000 Gross profit 70,000 Operating expenses (includes depreciation of $19,000) 55,000 Net income $15,000 The following accounts increased during 2020: Accounts Receivable $11,000, Inventory $11,000, Accounts Payable $1 the cash flows from operating activities section of Larkspur's 2020 statement of cash flows using the indirect method. ( that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Larkspur Corporation Statement of Cash Flows-Indirect Method (Partial) Adjustments to reconcile net income to LA

Bonita Corporation had the following 2020 income statement. Sales revenue  $198,000Cost of goods sold  125,000Gross profit  73,000Operating expenses (includes depreciation of $23,000)  53,000Net income  $20,000 The following accounts increased during 2020: Accounts Receivable $13,000, Inventory $10,000, Accounts Payable $13,000. Prepare the cash flows from the operating activities section of Bonita’s 2020 statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Bonita CorporationStatement of Cash Flows-Indirect Method (Partial)choose the accounting periodselect an opening section nameselect an item$enter a dollar amountAdjustments to reconcile net income toselect an opening subsection nameselect an item$enter a dollar amountselect an itementer a dollar amountselect an itementer a dollar amountselect an itementer a dollar amountenter a total amount of adjustmentsselect a closing section…

Bloom Corporation had the following 2020 income statement. Sales revenue Cost of goods sold Gross profit Operating expenses (Includes depreclation of $21,000) $200,000 120,000 80,000 50,000 $30,000 Net Income The followtng accounts Increased during 2020: Accounts Recelvable $12,000, Inventory $11,000, Accounts Payable $13,000. Prepare the cash flows from operating activitles section of Bloom's 2020 statement of cash flows using the Indirect method. (- amounts hat decrease cash loe with eichers-sign e.g.-15,000 or in parenthesis e.g.(45,000).) Bloom Corporation Statement of Cash Flows-Indirect Method (Partial) Adjustments to reconctle net Income to

The 2021 income statement of Adrian Express reports sales of $15,960,000, cost of goods sold of $9,600,000, and net income of $1,600,000. Balance sheet information is provided in the following table. ADRIAN EXPRESS Balance Sheets December 31, 2021 and 2020 2021 2020 Assets Current assets: Cash Accounts receivable $ 600,000 $ 760,000 1,400,000 1,800,000 4,800,000 $8,600,000 1,000,000 1,400,000 4,240,000 $7,400,000 Inventory Long-term assets Total assets Liabilities and Stockholders' Equity Current liabilities $2,020,000 2,300,000 2,000,000 2,280,000 $8,600,000 $1,660,000 2,400,000 2,000,000 1,340,000 $7,400,000 Long-term liabilities Common stock Retained earnings Total liabilities and stockholders' equity Industry averages for the following four risk ratios are as follows: Average collection period Average days in inventory Current ratio 25 days 60 days 2 to 1 50% Debt to equity ratio