The Following Income Statement and Additional Information for MDB, Inc

The following income statement and additional information for MDB, Inc. is relevant to the statement of changes in financial position. $\begin{array} { | l | l | l | l | } \hline & \text { Income Statement } & \text { Additional Information } & \\\hline \text { Sales } & \$ 500,000 & \text { Increase in Acct/Rec } & \$ 10,000 \\\hline \text { Cost of goods sold } & ( 300,000 ) & \text { Increase in Inventory } & \$ 5,000 \\\hline \text { Operating expenses } & ( 140,000 ) & \text { Decrease in Acct/Pay } & \$ 8,000 \\\hline \text { Net income } & 60,000 & \text { Increase in Accrued Oper. Exps } & \$ 6,000 \\\hline\end{array}$ Required:
1. Prepare a schedule showing cash from operations (direct method).
2. Prepare a schedule showing cash from operations (indirect method).