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Ravenna Company is o merchandiser that uses the indirect method to prepare the operating octivties section of its statement of cash flows: Its balance sheet

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Ravenna Company is o merchandiser that uses the indirect method to prepare the operating octivties section of its statement of cash flows: Its balance sheet for this yeor is as follows: During the year, Ravenne paid a $12,000 cosh dividend and it sold a plece of equipment for $6,000 that had originelly cost $13,800 and had accumulated depreciation of $9,200. The company did not retire any bonds or repurchose any of its own common stock during the year. 3. How much depreciation would the compony odd to net income on its statement of cosh flows

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