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Problem 11-Staterne During 2015, Orton Company earned net income of $425,000 which included depreciation expense of $54,000 and a gain on the sale of equipment

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Problem" 11-Staterne During 2015, Orton Company earned net income of $425,000 which included depreciation expense of $54,000 and a gain on the sale of equipment of $21,000. In addition, the company the following changes in the account balances listed below: Increases Accounts payable Prepaid insurance Decreases Accounts receivable Accrued liabilities Inventory $45,000 33,000 $12,000 24,000 45,000 Prepare the Net Cash Flow from Operating Activities: (Good form - Just don't show numbers. v just show numbers, you will not get any credit)

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