QUESTION $33$

When using the indirect method to prepare the statement of cash flows, net income is $$28,000.$ There was a gain on disposal of an asset of

$3$ points

$$4,500,$ depreciation expense of $$500,$ a decrease in Accounts Receivable of $$5,200,$ and an increase in Accounts Payable of $$4,000.$ What is the net cash flow from operating activities?

$33200$

$18300$

$29200$

$42200$