Create the Operating Section of the Statement of Cash Flows

Create the operating section of the statement of cash flows (indirect method).
Moving Inc.
Income Statement
For the Year Ending Dec. 31,2010

$\begin{array}{ll}\text { Sales } & 900,000 \\\text { Cost of Goods Sold } & \underline{400,000} \\\text { Gross Margin } & 500,000 \\\text { All Other Items: } & \\\text { Salaries Expense } & (100,000) \\\text { Depreciation Expense } & (200,000) \\\text { Loss on Sale of Equipment } &\underline{ (100,000)} \\\quad \text { Net Income } & \underline{100,000}\end{array}$

Moving Inc.
Balarce Sheet - Incomplete Staternent
Dec. 31, 2010

***** Other Information: Dividends Paid = $ 50,000