Sun Corp. reported the following information for 2018 and 2019.<\/p>
<\/p>
<\/strong><\/p> 2018<\/u><\/strong><\/p> 2019<\/u><\/strong><\/p> Accounts receivable<\/p> $150 000<\/p> $120 000<\/p> Prepaid expenses<\/p> 9 000<\/p> 10 000<\/p> Accounts payable<\/p> 65 000<\/p> 80 000<\/p> Salaries payable<\/p> 12 000<\/p> 5 000<\/p> Income (profits or more correctly total comprehensive income)<\/p> <\/p> 200 000<\/p> Depreciation expense<\/p> <\/p> 14 000<\/p> Gain on sale of equipment<\/p> <\/p> 6 000<\/p> <\/p> If Sun Corp. uses the indirect method to prepare the operating activities section of the statement of cash flows, what amount will be reported as net cash inflow from operating activities for 2019?<\/p>",
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"authors": "Christian Albright, Wayne Winston, Christopher Zappe",
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