Given the following selected information,prepare a schedule showing net cash flows from operating activities for the year ended May 31,2010 using the indirect format:
\cline2−3 Accounts Receivable Inventory Prepaid Insurance Accounts Payable Wages Payable Unearned Revenue Sales Cost of Goods Sold Insurance Expense Wages Expense Depreciation Expense Amortization Expense Interest Expense Loss on Sale of Equipment Dividend Revenue Gain on Sale of Investment May 31,2010 $53,000171,00012,00047,00028,00033,000568,000385,00027,00094,00031,00018,00029,0006,00017,00042,000 May 31,2009 $69,000186,0008,00055,00037,00026,000
Definitions:
Suicide
The act of intentionally causing one's own death.
Gay and Lesbian
Terms used to describe individuals who are attracted to the same sex, with "gay" typically referring to men, and "lesbian" referring to women.
Hopelessness and Despair
Feelings of extreme discouragement, despair, or a sense of futility, often associated with depression.
Enuresis
The medical term for involuntary urination, especially by children at night.