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Okea Inc. reports net income of $60,000, and depreciation expense of $1,250, and a gain on disposal of plant assets of $450. Prepare the operating
Okea Inc. reports net income of $60,000, and depreciation expense of $1,250, and a gain on disposal of plant assets of $450. Prepare the operating activities section of the statement of cash flows. (Show amounts that decrease cash flow with either a sign (e.g., -15,000) or in parenthesis (e.g., (15,000).) - Cash flows from operating activities Adjustments to reconcile net income to net cash provided by operating activities: Net cash by operating activities $ $ 7
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