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Flint Company reported net income of $206,600 for 2025. Flint also reported depreciation expense of $32,200 and a loss of $4,840 on the disposal
Flint Company reported net income of $206,600 for 2025. Flint also reported depreciation expense of $32,200 and a loss of $4,840 on the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $14,870 for the year, a $16,810 increase in accounts payable, and a $3,630 increase in prepaid expenses. Prepare the operating activities section of the statement of cash flows for 2025. Use the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) FLINT COMPANY Statement of Cash Flows (Partial) - Indirect Method For the Year Ended December 31, 2025 Net Income Adjustments to reconcile net income to Depreciation Expense Loss on Disposal of Plant Assets Increase in Accounts Receivable Increase in Accounts Payable Increase in Prepaid Expenses +A Net Cash Provided by Operating Activities 32200 4840 $ 14,870 16810 3,630 +A 206600 35350 241950 cash flow wit arenthesis e.g. FLINT COMPANY Statement of Cash Flows (Partial) - Indirect Method For the Year Ended December 31, 2025 Cash at Beginning of Period Cash at End of Period Cash Flows from Financing Activities Cash Flows from Investing Activities Cash Flows from Operating Activities Net Cash Provided by Financing Activities Net Cash Provided by Investing Activities Net Cash Provided by Operating Activities Net Cash Used by Financing Activities Net Cash Used by Investing Activities Net Cash Used by Operating Activities Net Decrease in Cash Net Increase in Cash Increase in Accounts Receivable +A 32200 4840 GA 14,870 Increase in Accounts Payable 16810 Increase in Prepaid Expenses Net Cash Provided by Operating Activities 3,630 +A 206600 35350 241950
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