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QS 12-3 (Algo) Indirect: Computing cash flows from operations LO P2 Bryant Company reports net income of $22.400. For the year, depreciation expense is
QS 12-3 (Algo) Indirect: Computing cash flows from operations LO P2 Bryant Company reports net income of $22.400. For the year, depreciation expense is $9,400 and the company reports a gain of $5,400 from sale of machinery. It also had a $4,400 loss from retirement of notes. Compute cash flows from operations using the Indirect method. (Amounts to be deducted should be indicated by a minus sign.) Cash Flows from Operating Activities (Indirect) Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash $ 0
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