Using the indirect method, calculate the amount of net cash flows from operating activities from the following data:
Definitions:
Mandatory
Required or obligatory; something that must be done or adhered to.
Optional
Referring to a choice or discretion available in a process or decision, where participation or selection is not mandatory.
Receivable
An amount of money owed to a business by its customers or clients for goods or services provided on credit.
Hedging Instruments
Financial contracts used to offset potential losses or gains that may be incurred by an companion investment, effectively reducing risk.
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