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Statement of Cash Flows Paige's Properties Inc. reported 2018 net income of $1.70 million and depreciation of $257,000. Paige's Properties, Inc.'s 2017 and 2018 balance
Statement of Cash Flows Paige's Properties Inc. reported 2018 net income of $1.70 million and depreciation of $257,000. Paige's Properties, Inc.'s 2017 and 2018 balance sheets are listed below (in millions of dollars). 2018 2017 $ 3.70 $ 2.35 Current liabilities Accrued wages and taxes Accounts payable 2018 $ 1.07 $ 1.07 4.35 Current assets Cash and marketable securities Accounts receivable 2017 5.70 5.35 4.35 6.70 3.07 10.61 7.98 Inventory Notes payable $14.75 $13.40 $14.75 $13.40 Total Total What is the 2018 net cash flow from operating activities for Paige's Properties, Inc.? Multiple Choice $1,700,000 $3,237,000 -$1,350,000 $1,537,000
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