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13 Ohio, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following income statement: Ohio, Inc. Income Statement Year
13 Ohio, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following income statement: Ohio, Inc. Income Statement Year Ended December 31, 2018 Revenues and Gains: Sales Revenue $157,000 Interest Revenue 6,800 Total Revenues and Gains $163,800 Expenses and Losses: Cost of Goods Sold Salary Expense Depreciation Fxnense $130,000 25,000 7.300 OA. $10,700 OB. 5(18,500) OC. $(46,600) n c92 0 . Go Chr Depreciation Expense. 7,300 Other Operating Expenses 13,000 Interest Expense 16,100 2 Loss on Sale of Plant Assets 5,400 Spc Income Tax Expense 5,900 Total Expenses and Losses 202,700 Net Income (Loss) $(38,900) Additional information provided by the company includes the following Current assets, other than cash, decreased by $5,300. Zo Current liabilities increased by $2,400. PI t-rex-c Compute the net cash provided by (used for) operating activities OA. $10,700 OB. $(18,500) OC. $(46,600) On 522 Gnn sanne Bumpiado (10 pas) and I sunding PI rex-c OA. $10,700 OB. $(18,500) OC. $(46,600) OD. $23,900
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