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The following information pertains to Bryce Harper's Baseball Bat Company: Sales $ 76,000 Expenses: Cost of Goods Sold Depreciation Expense $ 48,000 5,600 11,600 65,200
The following information pertains to Bryce Harper's Baseball Bat Company: Sales $ 76,000 Expenses: Cost of Goods Sold Depreciation Expense $ 48,000 5,600 11,600 65,200 Salaries and Wages Expense Net Income $ 10,800 Accounts Receivable Decrease $ 3,600 7,600 Inventory Increase Salaries and Wages Payable Increase 710 Required: Use the indirect method to build the operating activities section of the statement of cash flows for Bryce Harper's Baseball Bat Company. (Amounts to be deducted should be indicated with a minus sign.) BRYCE HARPER'S BASEBALL BAT COMPANY Cash Flow from Operating Activities-Indirect Method Adjustments to Reconcile Net Income to Cash Provided by Operating Activities Changes in Current Assets and Current Liabilities Net Cash Used in Operating Activities
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