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Fitz Company reports the following information Selected Annual Income Statement Date Selected Year End Salace Sheet Data Net Income $415, Accounts receivable decrease Depreciation expense
Fitz Company reports the following information Selected Annual Income Statement Date Selected Year End Salace Sheet Data Net Income $415, Accounts receivable decrease Depreciation expense $121.00 44,000 Inventory decrease 43,000 Amortization expense 2.500 Prepaid expenses Increase Gain on sale of plant assets 6,700 5.900 Accounts payable decrease 9.500 Solarles payable increase 1,700 cer Use the Indirect method to prepare the operating activities section of its statement of cash flows for the year ended December 31 (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flow (1) Cash flows from operating activities Adjuntments to reconcile net income to not cash provided by operating activities
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