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A company reports the following: Net Income of $95.000 Depreciation Expense of $50,000 Increase in Prepaid Ront of $40,000 Increase in Accounts Payable of $23,000
A company reports the following: Net Income of $95.000 Depreciation Expense of $50,000 Increase in Prepaid Ront of $40,000 Increase in Accounts Payable of $23,000 Increase in Income Tax Payable of $20,000 Prepare the operating activities section of the statement of cash flows using the Indirect method. When completed correctly, there will be on now above th Net cash flows from operating activities row. (Amounts to be subtracted and negative values should be indicated by a minun sign.) LECTRONIC WONDER ment of Cathew Cash Flows from porting Activities Adamant or nonconect: Changes in current and current Net cash flows from operating activities
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