Stillwater Inc. reported the following information for Year 1 and Year 2: Year 1 Year 2 Accounts receivable $51,000 $57,000 Inventories 42,000 39,000 Accounts payable 43,000 48,000 Net income 49,000 Depreciation expense 8,000 If Stillwater Inc. uses the indirect method to prepare the operating activities section of the statement of cash flows, what amount will be reported as net cash flows from operating activities for Year 2?

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $360,000; cash paid for rent, $44,000; cash paid to employees for services rendered during the year, $124,000; cash paid for utilities, $54,000.in addition, you determine that customers owed the company $64,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,400 at year-end, and the rent payment was for a two-year period. calculate accrual net income for the year.