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New Vision Company completed its income statement and balance sheet and provided the following information: Service Revenue $ 66,000 Expenses: Salaries and Wages $ 42,000

New Vision Company completed its income statement and balance sheet and provided the following information:

Service Revenue $ 66,000
Expenses:
Salaries and Wages $ 42,000
Depreciation 7,300
Utilities 6,000
Office 1,700 57,000
Net Income $ 9,000
Decrease in Accounts Receivable $ 12,000
Paid cash for equipment 5,000
Increase in Salaries and Wages Payable 9,000
Decrease in Accounts Payable 4,250

Present the operating activities section of the statement of cash flows for New Vision Company using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)

NEW VISION COMPANY
Cash Flows from Operating ActivitiesIndirect Method
Adjustments to Reconcile Net Income to Cash Provided by Operating Activities
Changes in Current Assets and Current Liabilities
$0

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