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The income statement disclosed the following items for 2016: Depreciation expense $57,600 Gain on disposal of equipment 33,600 Net income 508,000 Balances of the current
The income statement disclosed the following items for 2016: Depreciation expense $57,600 Gain on disposal of equipment 33,600 Net income 508,000 Balances of the current assets and current liability accounts changed between December 31, 2015, and December 31, 2016, as follows: S Increase (Decrease) Accounts receivable 8,960 Inventory (5,120) Prepaid Insurance (1,920) Accounts payable (6,080) 1,410 Income taxes payable Dividends payable 2,200 What is Net Cash Flow From Operating Activities? "format your answer with dollar sign and commas (ex. 5x.xxx)
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