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can I get some hints on how to turn this into a cash flow statement? Other Information - Net income was $56,200 - Depreciation expense
can I get some hints on how to turn this into a cash flow statement?
Other Information - Net income was $56,200 - Depreciation expense was \$13,400 - Sold land for $46,900 - Paid long-term note payable of $61,000 - Paid short-term note payable by issuing common stock of $4,700> - The income statement shows the following information: Sales $245,300, Interest Revenue $10,600, Cost of Goods Sold $82,800, Salary Expense $38,800, Other Expenses $42,000, Depreciation Expense $13,400, Income Tax Expense $9,900, Loss on Sale of Land $6,700, Interest Expense $6,100Step by Step Solution
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