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1 Laser World reports net income of $500,000 Depreciation expense is $35,000, accounts receivable increases $10,000, and accounts payuble decreases $15.000 Calculate net cash flows

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1 Laser World reports net income of $500,000 Depreciation expense is $35,000, accounts receivable increases $10,000, and accounts payuble decreases $15.000 Calculate net cash flows from operating activities using the Indirect method. (List cash outflows and any decrease in cash as negative amounts.) 2 points Answer is complete but not entirely correct. LASER WORLD Statement of Cash Flower Cash Bows from soeng advice Nat income $566000 Adjustments to reconcile et Income to metafows from opening activities Depreciation expense 40.000 Inrein receivable 10.000 Decrease in contable 20.000 Netcon 50.000 lo DOO Net cash flow from 1 100 000

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