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The following is the operating section of the statement of cash flows (direct method) of Battery Builders, Inc: The following information is obtained from the income statement of Battery Bullders: In addition, the following information is obtained from the comparative balance sheets of Battery Buliders (duecreases in parentheses) Required: 1. Prepare a complete accrual-basis income statement for the current year. 2 Compute the cash flows from operations using the indirect approach (that is, start with accrual-basis net income and adjust for various items to obtain cash flows from operations). Required: 1. Prepare a complete accrual-basis income statement for the current year: 2. Compute the cash flows from operations using the indirect approach (that is, start with accrual-basis net income an various items to obtain cash flows from operations). Complete this question by entering your answers in the tabs below. Prepare a complete accrual-basis income statement for the current yeari. (Amounts to be deducted should be indicated by a minus signi) Required: 1. Prepare a complete accrual-basis income statement for the current year. 2. Compute the cash flows from operations using the indirect approach (that is, start with accrual-basis net income and adju various items to obtain cash flows from operations). Complete this question by entering your answers in the tabs below. Compute the cash flows from operations using the indirect approach (that is, start with accrual-basis net income and adjust. for various items to obtain cash flows from operations). (Tet cash outfiows and amounts to be deducted should be indicated by a minus sign.) .

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- 1. The following is the operating section of the statement of cash flows (direct method) of Battery Builders, Inc: The following information is obtained from the income statement of Battery Bullders: In addition, the following information is obtained from the comparative balance sheets of Battery Buliders (duecreases in parentheses) Required: 1. Prepare a complete accrual-basis income statement for the current year. 2 Compute the cash flows from operations using the indirect approach (that is, start with accrual-basis net income and adjust for various items to obtain cash flows from operations). Required: 1. Prepare a complete accrual-basis income statement for the current year: 2. Compute the cash flows from operations using the indirect approach (that is, start with accrual-basis net income an various items to obtain cash flows from operations). Complete this question by entering your answers in the tabs below. Prepare a complete accrual-basis income statement for the current yeari. (Amounts to be deducted should be indicated by a minus signi) Required: 1. Prepare a complete accrual-basis income statement for the current year. 2. Compute the cash flows from operations using the indirect approach (that is, start with accrual-basis net income and adju various items to obtain cash flows from operations). Complete this question by entering your answers in the tabs below. Compute the cash flows from operations using the indirect approach (that is, start with accrual-basis net income and adjust. for various items to obtain cash flows from operations). (Tet cash outfiows and amounts to be deducted should be indicated by a minus sign.)