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Kennedy, Inc, reported the following data: Net income $ 1 4 4 , 6 7 3 Depreciation expense 1 5 , 0 9 5 Loss

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Kennedy, Inc, reported the following data:
Net income $144,673
Depreciation expense 15,095
Loss on disposal of equipment ,(10,154)
Gain on sale of building 19,274
Increase in accounts receivable ,7,767
Decrease in accounts payable ,(3,470)
Kennedy, Inc.
Statement of Cash Flow
Line Item Description
Amount Amount
Cash flows from (used for) operating activities:
Adjustments to reconcile net income to net cash flows from (used for) operating activities:
Changes in current operating assets and liabilities:
Net cash flows from operating activities
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