Question description

1. 
 Timberline Inc. had the following current
accounts last year ($000) (Pg. 80)

 
Beginning  Ending   Beginning  Ending 
Cash  $  175 
 $  238 
Accounts Payable  $
205  $ 182
Accounts Rec  1,456   2,027  Accruals  95  83
Inventory   943  786
Current Assets   2,574  3,231  Current Liabilities   300   265
In addition, the company had sales revenues of $9,453,000
and costs and expenses (including interest and tax) of $7,580,000.  Depreciation of $1,462,000 is included in the
cost and expense figures. 
Construct a statement showing Timberline’s Cash from Operating Activities
section, including a detail of changes in balance sheet accounts.

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