Chapter $13$ Homework

Cash flows from $($used for$)$ operating activities$-$indirect method

The net income reported on the income statement for the current year was $$126,500.$ Depreciation recorded on store equipment for the year amounted to $$20,900.$ Balances of the current asset and current liability accounts at the beginning and end of the year are as follows:

$\backslash$table$[[,$End of Year,Beginning of Year$],[$Cash$,$$$50,980,$$$46,390$