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Accounts payable to suppliers of merchandise decreased

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The income statement of Rodriquez Company is shown below.

Additional information:

1. Accounts receivable decreased $310,000 during the year.

2. Prepaid expenses increased $170,000 during the year.

3. Accounts payable to suppliers of merchandise decreased $275,000 during the year.

4. Accrued expenses payable decreased $120,000 during the year.

5. Administrative expenses include depreciation expense of $60,000.
Prepare the operating activities section of the statement of cash flows for the year ended December 31, 2010, for Rodriquez Company, using the indirect method. 

1154_11-B-A-B-S-C-F (76).PNG

Reference no: EM131110727

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