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Assume that Tony's Wax Company reports net income of $1,963 and reports depreciation expense of $1,462 on the income statement. Given the following current accounts,

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Assume that Tony's Wax Company reports net income of $1,963 and reports depreciation expense of $1,462 on the income statement. Given the following current accounts, what is the operating cash flow as it will appear on the cash flow statement. (All numbers here are in 000's). Beginning 175 1,456 943 $2,574 Ending 238 Accruals 2,207 | AP 786 $3,231 Total CL Beginning 205 95 Cash AR Inventory Total CA Ending 182 83 $300 $265

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