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Amount Descriptions Statement of Cash Flows-Operating Activities structions Samuel Company's accumulated depreciation-equipment increased by $6,000, while patents decreased by $2,200 between balance sheet dates. Thore
Amount Descriptions Statement of Cash Flows-Operating Activities structions Samuel Company's accumulated depreciation-equipment increased by $6,000, while patents decreased by $2,200 between balance sheet dates. Thore were no purchases or sales of depreciable or intangible assets during the year. In addition, the income statement showed a loss of $3,200 from the sale of investments. Assume no changes in noncash current assets and liabilities. Required Reconcile a net income of $92,000 to net cash flow from operating activities. Refer to the list of Amount Descriptions for the exact wording of the answer choices for text entries. Use the minus sign to indicate cash outlows, cash payments, decreases in cash and for any adjustments, if required Previous Next Instructions Statement of Cash Flows-Operating Activities Reconcile a net income of $92,000 to net cash flow from operating activities. Refer to the list of Amount Descriptions for the exact wording of the answer cholces for text entries. Use the minus sign to indicate cash outfows, cash payments, decreases in cash and for any adjustments, if required Statement of Cash Flows (partial) 1 Cash flows from operating activities: Adjustments to reconcile net income to net cash flow from operating activities: s Instructions Statement of Cash Flows-Operating Activities Statement of Cash Flows (partial) 1Cash flows from operating activities: s Adjustments to reconcile net income to net ca sh flow from operating activities 6
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