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Given the following information, determine Net Cash Flows Provided by Operating Activities: Accounts 2020 2019 Accounts Receivable $40,000 $35,000 Inventory 21,000 33,000 Supplies 5,150 4,280
Given the following information, determine Net Cash Flows Provided by Operating Activities: Accounts 2020 2019 Accounts Receivable $40,000 $35,000 Inventory 21,000 33,000 Supplies 5,150 4,280 Prepaid Insurance 8,700 11,200 Accounts Payable 32,500 27,890 Salaries Payable 14,115 16,910 Taxes Payable 5,500 4,000 Unearned Revenues 8,700 11.100 Additional Info: Net Income $112,000 Gain on Sale of Investments 5,210 Depreciation Expense 12,200 Gain on Sale of Investments 5,210 Depreciation Expense 12,200 Amortization Expense 5,210
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