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Rodriguez Company completed its income statement and balance sheet for current year and provided the following information: Income Statement for Current YearService revenue$51,600ExpensesSalaries$41,900Depreciation8,400Amortization of copyrights330Other

Rodriguez Company completed its income statement and balance sheet for current year and provided the following information:

Income Statement for Current YearService revenue$51,600ExpensesSalaries$41,900Depreciation8,400Amortization of copyrights330Other expenses10,30060,930Net loss$(9,330)

Partial Balance SheetCurrent YearPrior YearAccounts receivable$9,100$16,000Salaries payable14,1002,800Other accrued liabilities2,5006,600

In addition, Rodriguez bought a small service machine for $6,900.

image text in transcribed
RODRIGUEZ COMPANY Statement of Cash Flows ( Partial ) Cash flows from operating activities Cash collected from customers $ 58, 500 Cash payments to employees Cash payments for other expenses Net cash provided by operating activities $ 58.500

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