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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 14,115 16,910 Salaries Payable Taxes Payable 5,500 4,000 8,700 11,100 $112,000 Unearned Revenues Additional Info: Net Income Gain on Sale of Investments Depreciation Expense Amortization Expense 5,210 12,200 5,210
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