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Compute the net cash flow from operating activities for Bernadino Company under the indirect reporting format. Bernadino Company provided you with the following information for
Compute the net cash flow from operating activities for Bernadino Company under the indirect reporting format. Bernadino Company provided you with the following information for the current year. Accounts Payable relate to Selling, General and Administrative Expenses. (Click the icon to view the statement of net income.) (Click the icon to view the changes in balance sheet accounts.) Requirement Compute net cash flow from operating activities under the indirect reporting format. (Use a minus sign or parentheses for any numbers to be subtracted. If an input field is not used in the statement, leave the input field empty; do not select a label or enter a zero.) Bernadino Company Statement of Net Income For the Current Year Ended Sales $39,000 Depreciation Expense (5,700) Selling, General, and Administrative Expenses (32,400) Gain on Sale of Equipment Other Expenses Income before Taxes Tax Benefit Net Loss 1,400(4,100)(1,800)540$(1,260) Account Changes from the Balance Sheet Amount Decrease in Accounts Receivable $1,600 Decrease in Accounts Payable 700 Increase in Wages Payable 2,800
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