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Jamison Company's income statement for 20X6 is below: Jamison Company Income Statement as of 12/31/X6 amison Company Income Statement As of 12/31/X6 Revenue 76450 Cost

Jamison Company's income statement for 20X6 is below:

Jamison Company Income Statement as of 12/31/X6

amison Company

Income Statement As of 12/31/X6

Revenue 76450

Cost of Goods Sold (40740)

Gross Profit 35,710

Depreciation Expense (8,240)

Other Expenses (19,000)

Earnings Before Tax 8,470

Tax Expense (2,076)

Net Income $6,394

Selected Balance Sheet Accounts from the Beginning and End of 20X6,

1/1/X6 12/31/X6

Accounts Receivable $32,590 $34,090

Inventory 23,100 35,020

Prepaid Expenses 13,970 11,340

Accounts Payable 39,870 44,960

Salaries Payable 22,030 17,440

Taxes Payable 12,490 11,230

Determine Jamison's cash flow from operations using indirect methods.

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