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A company had net income of $290,084. Depreciation expense is $28,179. During the year, accounts receivable and inventory increased by $16,209 and $34,891, respectively. Prepaid
A company had net income of $290,084. Depreciation expense is $28,179. During the year, accounts receivable and inventory increased by $16,209 and $34,891, respectively. Prepaid expenses and accounts payable decreased by $3,775 and $4,598, respectively. There was also a loss on the sale of equipment of $6,694. How much was the net cash flow from operating activities on the statement of cash flows using the indirect method?
$307,098
$273,034
$259,646
$324,957
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