Compute cash flows from operating activities for Fillipes Company under the indirect reporting format. Fillipes Company provided you with the following information for the current year. Accounts Payable relate to Selling, General and Administrative Expenses. (Click the icon to view the statement of net income.) (Click the icon to view the select balance sheet accounts.) Requirement Compute net cash flow from operating activities under the indirect reporting format. (Use a minus sign or parentheses for any cash outflows and/or net cash used by operating activities. If an input field is not used in the statement, leave the input field empty; do not select a label or enter a zero.) Statement of Net Income Select Balance Sheet Accounts Fillipes Company Partial Statement of Cash Flows (Indirect Method) For the Year Ended December 31, 2023 Operating Activities: Adjustments to Reconcile Net Income to Cash Flows from Operating Activities: Changes in Current Assets and Liabilities Net Cash Provided (Used) by Operating Activities Cash Collected from Customers Cash Paid for Income Taxes Cash Paid for Interest Cash Paid for Selling, General, and Administrative Expenses Decrease in Accounts Payable Decrease in Accrued Expenses Decrease in Income Taxes Payable Decrease in Prepaid Rent Depreciation Expense .

1. Compute cash flows from operating activities for Fillipes Company under the indirect reporting
format. Fillipes Company provided you with the following information for the current year.
Accounts Payable relate to Selling, General and Administrative Expenses. (Click the icon to
view the statement of net income.) (Click the icon to view the select balance sheet accounts.)
Requirement Compute net cash flow from operating activities under the indirect reporting
format. (Use a minus sign or parentheses for any cash outflows and/or net cash used by operating
activities. If an input field is not used in the statement, leave the input field empty; do not select a
label or enter a zero.) Statement of Net Income Select Balance Sheet Accounts Fillipes Company
Partial Statement of Cash Flows (Indirect Method) For the Year Ended December 31, 2023
Operating Activities: Adjustments to Reconcile Net Income to Cash Flows from Operating
Activities: Changes in Current Assets and Liabilities Net Cash Provided (Used) by Operating
Activities Cash Collected from Customers Cash Paid for Income Taxes Cash Paid for Interest
Cash Paid for Selling, General, and Administrative Expenses Decrease in Accounts Payable
Decrease in Accrued Expenses Decrease in Income Taxes Payable Decrease in Prepaid Rent
Depreciation Expense