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Net Income reported on the income statement for the current year was $300,000. Depreciation recorded on plant assets was $40,000. Accounts receivable and Inventories decreased

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Net Income reported on the income statement for the current year was $300,000. Depreciation recorded on plant assets was $40,000. Accounts receivable and Inventories decreased by $8,000 and $7,500 respectively. Prepaid expenses and accounts payable increased by $200 and $3,000 respectively. Using the Indirect method, how much would be reported as net cash flow from operating activities on the statement of cash flows? Os 5100.200 Ob 15.300 Oc 2006 Od 3512,700

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