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lime left 0:24:3 Lala land Company has the following financial information: Balance Sheets Dec 31, 2020 Dec. 31, 2021 Cash 152,400 134,500 Accounts receivable 33,200
lime left 0:24:3 Lala land Company has the following financial information: Balance Sheets Dec 31, 2020 Dec. 31, 2021 Cash 152,400 134,500 Accounts receivable 33,200 35,000 Inventory Prepaid Expenses 200,600 175,500 22.000 20,000 Long term Investments 300,000 420,000 Plant, Property and Equipment (net) 250,000 205,000 Accounts payable Short term notes payable 98,600 105,000 62.000 40,000 Taxes payable 35,600 13,500 Long term liabilities 134,000 140.000 Stockholders' Equity 628,000 691,500 Income statement Sales revenue $ 570.000 Cost of goods sold 300,000 Gross profit $ 270,000 Depreciation Expense 13.000 ther emeratinascosts 12 Short term notes payable 62,000 Time left 0:24:28 Taxes payable 35,600 13,500 Long term liabilities 134,000 140,000 Stockholders' Equity 628,000 691.500 Income statement Sales revenue $570,000 Cost of goods sold Gross profit 300,000 $ 270,000 Depreciation Expense Other operating costs 13,000 166,500 Loss on sale of plant assets 2.000 Net Income for the year $ 88,500 Required: Calculate the cash flow from operating activities, for the year ended December 31, 2021. using the Indirect method. (Note: write your answer as a number only, with No dollar signs or commas)
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