Yeoman Inc. reported the following data: Net income $170,000 Depreciation expense 29,000 Loss on disposal of equipment

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Yeoman Inc. reported the following data:
Net income $170,000
Depreciation expense 29,000
Loss on disposal of equipment 11,850
Increase in accounts receivable 10,490
Increase in accounts payable 5,430
Prepare the Cash Flows from (used for) Operating Activities section of the statement of cash flows, using the indirect method.

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Financial Accounting

ISBN: 9781337913102

16th Edition

Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider

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