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Kentucky company uses the indirect method to prepare the statement of cash flows refer to the following income statement $253,300 Kentucky Company Income Statement Year
Kentucky company uses the indirect method to prepare the statement of cash flows refer to the following income statement
$253,300 Kentucky Company Income Statement Year Ended December 31, 2019 Sales Revenue $245,000 Interest Revenue 2.400 Gain on Sale of Plant Assets 5.900 Total Revenues and Gains Cost of Goods Sold 125,000 Salary Expense 44,000 Depreciation Expense 14.000 Other Onortinn Evanco 22 nnn O A. $18,100 OB. $13,100 O C. $26,200 OD. $32.100 Other Operating Expenses 22,000 Interest Expense 1,800 Income Tax Expense 5,100 Total Expenses 211,900 Net Income (Loss) $41,400 Additional information provided by the company includes the following: 1. Current assets, other than cash, increased by $22.000 2. Current liabilities decreased by $1,300. Compute the net cash provided by (used for) operating activities. O A. $18,100 O B. $13,100 O C. $26,200 OD. $32.100 Step by Step Solution
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