| Direct Method |
| Cash flows from operating activities: | | |
| Cash received from sale of goods | $xxx | |
| Cash interest received | xxx | |
| Cash dividends received | xxx | |
| Cash provided by operating activities | | $xxx |
| Cash paid to suppliers | (xxx) | |
| Cash paid for operating expenses | (xxx) | |
| Cash interest paid | (xxx) | |
| Cash paid for taxes | (xxx) | |
| Cash disbursed for operating activities | | (xxx) |
| Net cash flows from operating activities | | $xxx |
| Indirect Method |
| Cash flows from operating activities: | | |
| Net income | | $ xx |
| Add/deduct items not affecting cash: | | |
| Decrease (increase) in accounts receivable | | (xx) |
| Depreciation and amortization expense | | xx |
| Increase (decrease) in accounts payable | | xx |
| Decrease (increase) in inventories | | xx |
| Loss on sale of equipment | | |
| Net cash flows from operating activities | | $ xx |
