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22 company?. Net income in 2022=$16,000 Annual depreciation in 2022=$4,000 Interests in 2022=$500 Net Fixed Assets in 2022=$180,000 Cumulative depreciation in 2022=$50,000 Gross Fixed Assets
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company?. Net income in 2022=$16,000 Annual depreciation in 2022=$4,000 Interests in 2022=$500 Net Fixed Assets in 2022=$180,000 Cumulative depreciation in 2022=$50,000 Gross Fixed Assets in 2021=$270,000 Working capital in 2021=$18,000 Working capital in 2022=$11,000 There is no other long-term assets in the balance sheets of 2021 and 2022. What is the Cash Flow From Assets (CFFA) for 2022? When answering the question (filling in the blank), DO NOT use dollar signs, DO NOT USE commas to separate thousands. DO NOT use parenthesis to denote negative numbers, USE the negative sign in front of first digit for negative numbers, Round to the nearest dollar. Your Step by Step Solution
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