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Please answer the ques is that Net cash flow from operating activities 1 5 9 , 0 0 0 ? PEACH COMPUTER Income Statement year
Please answer the ques
is that Net cash flow from operating activities
PEACH COMPUTER Income Statement year ended December For the 31, Net sales Expenses : Cost of goods sold $1, 050, 000 Operating expenses 560, 50,000 40,000 $102, $85, $17 , 45,000 49,000 75,000 55,000 20, 45,000 37 10,000 2024 Depreciation expense Income tax expense Total expenses Net income PEACH COMPUTER Selected Balance Sheet Data December 31 $100,000 Increase (I) or Decrease (D) Cash Accounts receivable Invento ry Prepaid rent Accounts payable Income tax payable Required: 2024 3,000 5,000 2023 5,000 (1) (D) (1) (D) (1) (D) Prepare the operating activities section of the statement of cash flows for Peach Computer using the direct method. (Amounts to be deducted should be indicated with a minus sign.) PEACH COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2024 Cash flows from operating activities Cash received from customers Cash paid to suppliers Cash paid for operating expenses Cash paid for income taxes (562,000) (45,000)
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