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Riverside Company uses the indirect method to prepare the statement of cash flows. Please refer to the following income statement: Sales revenue $140,000 Interest revenue

Riverside Company uses the indirect method to prepare the statement of cash flows. Please refer to the following income statement: Sales revenue $140,000 Interest revenue 5,000 Loss on sale of plant assets (4,000) Total revenues and (losses) $141,000 Cost of goods sold 100,000 Salary expense 23,000 Depreciation expense 8,000 Other operating expenses 9,000 Interest expense 2,000 Income tax expense 5,000 Total expenses $147,000 Net income/(loss) $ (6,000) Other information provided: Current assets other than cash decrease by $4,000. Current liabilities increase by $1,000. Based on the info provided which of the following is the correct narrative and ending balance in the operating activities section of the companys statement of cash flows

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