Question
The records of Vintage Color Engraving reveal the following: Compute cash flows from operating activities by the indirect method for year ended December 31, 2018.
The records of Vintage Color Engraving reveal the following:
Compute cash flows from operating activities by the indirect method for year ended December 31, 2018.
Net income $ 36,000 Depreciation expense $ 5,000 Sales revenue 53,000 Decrease in current liabilities 19,000 Loss on sale of land 4,000 Increase in current assets other than cash 10,000 Acquisition of land 35,000
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