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Jb5-Oe Company reported the following information for 2029: January 1, 2029 December 31, 2029 ASSETS Cash $17,000 $38,000 Short-term investments $25,000 $33,000 Accounts receivable $56,000
Jb5-Oe Company reported the following information for 2029: January 1, 2029 December 31, 2029 ASSETS Cash $17,000 $38,000 Short-term investments $25,000 $33,000 Accounts receivable $56,000 $41,000 Supplies $18,000 $39,000 Land $21,000 $14,000 Equipment $44,000 $83,000 Accumulated depreciation $12,000 $27,000 LIABILITIES + EQUITY Accounts payable $22,000 $37,000 Utilities payable $19,000 $14,000 Short-term notes payable $34,000 $19,000 Common stock $51,000 $65,000 Retained earnings $43,000 $86,000 During 2029, Jb5-Oe Company paid dividends to its stockholders of $18,000, recorded depreciation expense of $15,000, and sold land costing $7,000 for $11,000 cash. Calculate Jb5-Oe Company's net cash flow from operating activities for 2029. If your answer is negative, place a minus sign in front of your answer with no spaces in between (e.g., -1234). Hint: Use the indirect method.
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