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Snow White Incs 2023 income statement revealed revenue of $185,000, depreciation expense of $35,000 and income of $85,000. The 2023 balance sheet included the following
Snow White Incs 2023 income statement revealed revenue of $185,000, depreciation expense of $35,000 and income of $85,000. The 2023 balance sheet included the following information: account receivable $65,000; account payable $28,000; salary payable $25,000. Snow Whites 2022 balance sheet included the following information: account receivable $75,000; account payable $38,000; salary payable $15,000. What will Snow White report as the cash flows from operating activities in the statement of cash flows?
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