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III. Calculating Net Income from Cash Flows. Peters Company's statement of cash flows for 20x2 showed the following calculation of the cash flow from operating

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III. Calculating Net Income from Cash Flows. Peters Company's statement of cash flows for 20x2 showed the following calculation of the cash flow from operating activities: $ 22,456 $(13,752) $(6,884) S_(722) Paid to suppliers of merchandise Paid to employees . . . Cash flow from operating activities. S1,098 The company's balance sheets at the beginning and end of 20x2 showed the following: Beginning End of of Year $92 $218 $93 $142 $141 $338 $ 36 Year $103 $262 $122 $180 $189 $371 $37 Accounts payable Accounts receivable ._ . . . . Accumulated depreciation . . .. Salaries payable A note to the financial statements showed that the company bought plant and equipment during the year for S33. Required: Calculate net income for the year

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