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On its income statement, Morris Hardware reported net loss of $30,000. It also reported the following items: Depreciation expense 15,000 Gain on sale of equipment

On its income statement, Morris Hardware reported net loss of $30,000. It also reported the following items: Depreciation expense 15,000 Gain on sale of equipment 5,200 Inventory increase 2,100 Accounts payable increase 4,000 Wages payable increase 200 New borrowing 20,000 How much is Morris Hardwares net cash flow from operating activities? On its income statement, Morris Hardware reported net loss of $30,000. It also reported the following items:

Depreciation expense 15,000

Gain on sale of equipment 5,200

Inventory increase 2,100

Accounts payable increase 4,000

Wages payable increase 200 New borrowing 20,000

How much is Morris Hardwares net cash flow from operating activities? ($11,900) $21,900 ($18,100) $1,900

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