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A company had net income of $279,449. Depreciation expense was $20,475. During the year, accounts receivable and inventory increased by $17,971 and $37,479, respectively. Prepaid
A company had net income of $279,449. Depreciation expense was $20,475. During the year, accounts receivable and inventory increased by $17,971 and $37,479, respectively. Prepaid expenses and accounts payable decreased by $3,653 and $7,643, respectively. There was also a loss on the sale of equipment of $4,833. How much was the net cash flow from operating activities on the statement of cash flows using the indirect method
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