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Engineering Wonders reports net income of $64.0 million. Included in that number is building depreciation expense of $5.4 million and a gain on the sale
Engineering Wonders reports net income of $64.0 million. Included in that number is building depreciation expense of $5.4 million and a gain on the sale of land of $1.4 million. Records reveal decreases in accounts receivable, accounts payable, and inventory of $2.4 million, \$3.4 million, and \$4.4 million, respectively. Prepare the operating activities section of Wonders' statement of cash flows using the indirect method. (Amounts to be deducted should be indicated witha minus sign. Round your answers to 1 decimal place. Enter your answers in millions (i.e, $10,100,000 should be entered as 10.1).)
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