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Current Attempt in Progress Vaughn Marine Company's income statement for the year ended December 31, 2025 reported a net loss of $13000. Additional information for
Current Attempt in Progress Vaughn Marine Company's income statement for the year ended December 31, 2025 reported a net loss of $13000. Additional information for the period is as follows: o The cash balance increased $5,000 from the beginning to the end of the year. o The accounts receivable balance decreased $5800 from the beginning to the end of the year. o The inventory balance increased $10100 from the beginning to the end of the year. o The accounts payable balance increased by $12300 from the beginning to the end of the year. o Depreciation expense for 2025 was $8000. During 2025 , operating activities used net cash of $8000. provided net cash of $8000. used net cash of $4300. provided net cash of $3000
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