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I got a number 5 wrong 11300 from the first chart and number 4&5 wrong too from the second chart can somebody help me please 10 Exercise 4-19A Compare operating cash flows to net income (LO4-7) Consider the following information: points eBook Print 12. Calculate net income. (List expenses as negative amounts.) $ | 1. Service Revenue for the year 2. Salaries Expense for the

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Answer #1
The error amounts are to be written within parenthesis.
1
1 Cash collected from customers for services provided 70300
2 Salaries paid for the year (35300)
3 Advertising paid for the year (10300)
4 Supplies paid for the year 0
5 Utilities paid for the year (11300)
6 Cash collected in advance from customers 2300
Net operating cash flows 15700
2
1 Service revenue for the year 80600
2 Salaries expense for the year (40600)
3 Advertising expense for the year (10300)
4 Supplies expense for the year (4300)
5 Utilities expense for the year (12600)
6 Deferred revenue 0
Net income 12800
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