PK Photography reported net income of $100,000 for 2017. Included in the income statement were depreciation expense
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PK Photography reported net income of $100,000 for 2017. Included in the income statement were depreciation expense of $6,300, patent amortization expense of
$4,000, and a gain on disposal of plant assets of $3,600. PK’s comparative balance sheets show the following balances.
Calculate net cash provided by operating activities for PK Photography.
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Related Book For
Financial Accounting Tools For Business Decision Making
ISBN: 9781119316022
8th Edition
Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt
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