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liabilities totalled $37,000. Net income for the year was $85,000. Included in net income were a $8,000 gain on the sale of land and depreciation

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liabilities totalled $37,000. Net income for the year was $85,000. Included in net income were a $8,000 gain on the sale of land and depreciation expense of $10,000. Show how OT should report cash flows from operating activities for 2020 . OT uses the indirect method. (Use parentheses or a minus sign for numbers to be subtracted or a net decrease in cash.)

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