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Question Content Area A company had net income of $227,719 and depreciation expense of $29,606. During the year, accounts receivable and inventory increased by $17,165
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A company had net income of $227,719 and depreciation expense of $29,606. During the year, accounts receivable and inventory increased by $17,165 and $25,813, respectively. Prepaid expenses and accounts payable decreased by $3,787 and $6,279, respectively. There was also a loss on the sale of equipment of $3,422. How much was the net cash flows from operating activities on the statement of cash flows using the indirect method?
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