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attached The following information should be used to according to the provisions of .GAAP (Statement of Cash flows) and using the following data Net income

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The following information should be used to according to the provisions of .GAAP (Statement of Cash flows) and using the following data Net income $50,000 Allowance for bad debts 2,000 Increase in accounts payable 2,000 Increase in inventory 1,000 Purchase of new equipment 15,000 Sale of equipment for $10,000 gain 20,000 Depreciation expense 5,000 Repurchase of common stock 10,000 Payment of dividend 4,000 Interest payment 3,000 ?What is net cash flow from operations (Jan-i" "' 3) $50,000 0 $55,000 0 $54,000 0 $48,000

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