https://excellenthomeworks.com/wp-content/uploads/2020/08/logo-300x75.png00adminhttps://excellenthomeworks.com/wp-content/uploads/2020/08/logo-300x75.pngadmin2020-08-09 02:51:332020-08-09 02:51:33Assume Cramer uses the direct method to prepare the statement of cash flows. Credit sales totaled $780,000 , accounts receivable increased by $30,000…