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28 The table below appears information about PMM Company at end of year 2018. Required: By using the concept of Cash Flow Statement, what is

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28 The table below appears information about PMM Company at end of year 2018. Required: By using the concept of Cash Flow Statement, what is the amount of Net Income? * (4 Points) PMM Co. have the following information at the end of year 2018: Cash Flow from Operating Activities $46,200 Beginning A/R is lower than ending by Decreasing in inventory 12,000 Long-term Bond payment Purchases new equipment 44,000 Loss on sale equipment Dividends revenue (non-trading investment) 7,100 Depreciation expense Decreasing in AP 8,100 Declared and paid dividends Increasing in cash 11 700 Issuing ordinary shares for cash $34,000 6,200 3,400 2,000 31,000 $90.000 70900

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