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The following information was made available from the

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Reference no: EM13392470

The following information was made available from the income statement and balance sheet of Lauren Company.

Item 12/31/10 12/31/09

Accounts Receivable $53,400 $58,600

Accounts Payable $35,600 $32,700

Merchandise Inventory $85,000 $79,000

Sales (2010) $243,000

Interest Revenue (2010) $5,600

Dividend Revenue (2010) $1,200

Tax Expense (2010) $12,300

Salaries Expense (2010) $28,000

COGS (2010) $65,000

Interest Expense (2010) $3,600

Operating Expenses (2010) $28,500

Complete the cash flow from operating activities section for Lauren Company using the direct method for the year ended December 31, 2010.

Reference no: EM13392470

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