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Lotus Co. had net income of $10,000 in 2019. The depreciation expense was $500. During 2019, it had an increase of accounts receivable of $1,000,
Lotus Co. had net income of $10,000 in 2019. The depreciation expense was $500. During 2019, it had an increase of accounts receivable of $1,000, decrease of unearned revenue of $2,000, increase of accounts payable of $1,500. There was also a $200 gain of disposal of an old computer. What is the cash flow from operating activities in 2019?
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