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1 2 Homework i Help Save 1 0 Bryant Company reports net income of $ 2 0 , 0 0 0 . For the year,

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Bryant Company reports net income of $20,000. For the year, depreciation expense is $7,000 and the company reports a gain of $3,000 from sale of machinery. It also had a $2,000 loss from retirement of notes. Compute cash flows from operations using the indirect method.
Note: Amounts to be deducted should be indicated by a minus sign.
\table[[Cash Flows from Operating Activities (Indirect)],[Net income,,$,15,000],[Adjustments to reconcile net income to net cash provided by operating activities],[Income statement items not affecting cash],[,,,],[,,,],[,,,],[,,,],[Q120,=,$,15,000]]
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