3. DERISION OBJECT OF RIDICULE Co. has the following information as of December 31, 20x2: Jan. 1 Dec. 31 Accounts receivable 8,000 10,000 Allowance for bad debts (200) (500) Prepaid rent 1,920 1,600 Accounts payable 3,400 4,400 DERISION reported profit of P4,400 for the year, after depreciation expense of P100, gain on sale of equipment of P120, and restructuring and other provisions of P200. None of the provisions recognized during the period affected cash. Requirement: Compute for the cash flow from operating activities using the indirect method