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The accounting records of Baddour Company provided the data below. Net loss Depreciation expense Increase in salaries payable Decrease in accounts receivable 1,875 Increase in
The accounting records of Baddour Company provided the data below. Net loss Depreciation expense Increase in salaries payable Decrease in accounts receivable 1,875 Increase in inventory Amortization of patent Reduction in discount on bonds $4,475 6,350 540 2,075 450 350 Prepare a reconciliation of net income to net cash flows from operating activities. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from operating activities Adjustments for noncash effects: Changesin operating assets and liabilities: 0 Net cash flows from operating activities
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