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Net Cash Flow From Operating Activities The following are accounting items taken from Tyrone Shoelaces Company's records for 2016: a. Net incorne, $23,700 b. Payment

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Net Cash Flow From Operating Activities The following are accounting items taken from Tyrone Shoelaces Company's records for 2016: a. Net incorne, $23,700 b. Payment for purchase of land, $4,000 c. Payment for retirement of bonds, $6,000 d. Depreciation expense, $8,800 e. Receipt from issuance of common stock, $7,000 f. Patent amortization expense, $2,700 9. Increase in accounts receivable, $3,300 h. Payment of dividends, $5,000 1. Decrease in accounts payable, $3,200 Required: amounts

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