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Net Cash Flow from Operating Activities Hyde Company's records for 2019 provide the following information: a. amortization of premium on bonds payable, $500 h. gain

Net Cash Flow from Operating Activities

Hyde Company's records for 2019 provide the following information:

a. amortization of premium on bonds payable, $500 h. gain on sale of land, $7,800
b. purchase of equipment, $6,000 i. increase in prepaid assets, $400
c. depreciation expense, $7,300 j. declaration and payment of cash dividends,
d. decrease in accounts receivable, $700 $1,800
e. decrease in accounts payable, $2,900 k. increase in wages payable, $600
f. issuance of long-term note for cash, $4,200 l. patent amortization expense, $1,000
g. increase in inventories, $7,600 m. net income, $10,400

the operating activities section of the 2019 statement of cash flows for Hyde Company using the indirect method. Use a minus sign to indicate cash outflows, a decrease in cash or cash payments.

  1. HYDE COMPANY Statement of Cash Flows (Partial) For Year Ended December 31, 2019
    Operating Activities:

    Additional paid-in capitalCashNet incomeNet lossRetained earningsNet income

    $Net income
    Adjustment for noncash income items:

    Add: Depreciation expenseAdd: Inventory expenseAdd: Net incomeLess: Depreciation expenseLess: Patent amortization expense

    - Select -

    Add: Net incomeAdd: Patent amortization expenseLess: Depreciation expenseLess: InventoryLess: Patent amortization expense

    - Select -

    Add: Bond premium amortizationAdd: Net incomeLess: Bond premium amortizationLess: Depreciation expenseLess: Patent amortization expense

    - Select -

    Less: Decrease in accounts receivableLess: Decrease in inventoriesLess: Gain on sale of landLess: Increase in prepaid assetsLess: Loss on sale of land

    - Select -
    Adjustments for cash flow effects from working capital items:

    Decrease in accounts receivableDecrease in inventoriesDecrease in wages payableIncrease in accounts receivableIncrease in dividends

    - Select -

    Decrease in bond interestDecrease in inventoriesDecrease in wages payableIncrease in accounts receivableIncrease in inventories

    - Select -

    Decrease in bond interestDecrease in inventoriesDecrease in wages payableIncrease in accounts receivableIncrease in prepaid assets

    - Select -

    Decrease in accounts payableDecrease in wages payableIncrease in accounts payableIncrease in accounts receivableIncrease in dividends

    - Select -

    Decrease in bond interestDecrease in prepaid assetsDecrease in wages payableIncrease in accounts receivableIncrease in wages payable

    - Select -
    Net cash provided by operating activities $fill in the blank 21

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