38 of 50 MULTIPLE CHOICE Use the following information Work out the problem in a rough work sheet and then answer the question that follows. Net Income $83,000 Beginning Accounts Payable $ 6,000 Beginning Accounts Receivable 10,000 Ending Accounts Payable 5,600 Ending Accounts Receivable 8,000 Depreciation Expense 20,400 Beginning Prepaid Expenses 2,000 Amortization of Intangible Assets 1,600 Ending Prepaid Expenses 2,800 Dividends Declared and Paid 4,400 purchased a coffee machine 700 Loan taken on Notes Payable 5.000 Purchased equipment 2,200 Paid off a long-term loan 10,000 Beginning Cash Balance 12,000 Ending Cash Balance 105,500 What is the net cash flow for the year? 5105 500 now 3 $9330 D $120.000 Type beth O i 38 of 50 MULTIPLE CHOICE Use the following information Work out the problem in a rough work sheet and then answer the question that follows. Net Income $83,000 Beginning Accounts Payable $ 6,000 Beginning Accounts Receivable 10,000 Ending Accounts Payable 5,600 Ending Accounts Receivable 8,000 Depreciation Expense 20,400 Beginning Prepaid Expenses 2,000 Amortization of Intangible Assets 1,600 Ending Prepaid Expenses 2,800 Dividends Declared and Paid 4,400 purchased a coffee machine 700 Loan taken on Notes Payable 5.000 Purchased equipment 2,200 Paid off a long-term loan 10,000 Beginning Cash Balance 12,000 Ending Cash Balance 105,500 What is the net cash flow for the year? 5105 500 now 3 $9330 D $120.000 Type beth O