From the following, calculate the net cash flows from operating activities (use the direct method):.

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From the following, calculate the net cash flows from operating activities (use the direct method): Sales ……………. 9,500 Cost of Goods Sold ………. 4,000 Salaries Expense ……….. 1,220 Insurance Expense ……….. 840 Other Expenses (all cash) ……… 1,100 Changes in current assets and liabilities: Accounts Receivable increased by $570. Inventory increased by $540. Accounts Payable increased by $110. Salaries Payable decreased by $180. Prepaid Insurance decreased by $140.

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