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D Question 19 7 pts Pablo Inc. had all of the following data for the fiscal year ending December 31, 2020: Cash balance increase of
D Question 19 7 pts Pablo Inc. had all of the following data for the fiscal year ending December 31, 2020: Cash balance increase of $80,000; Depreciation Expense of $10,000; Accounts Receivable increase of $22,000; Accounts Payable decrease of $12,000; Inventory decrease of $16,000; Salaries Payable increase of $5,000; Dividends paid to shareholders of $25,000; Net Income of $290,000; Sale of equipment (historical cost of $70,000 and accumulated depreciation of $30,000 and sales price of $35,000). The company also purchased equipment at the end of the year, though the auditors are still awaiting the final purchase price paid. Build Pablo Inc's Operating Section for the Statement of Cash Flows using the Indirect Method: Edit Insert Format Table 12pt Paragraph BI U A Tv 25
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