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The income statement for Camire, Inc. appears below: Revenue $130,000 Cost of goods sold 50,000 Depreciation expense 32,000 Other operating expenses 8,000 Income tax expense
The income statement for Camire, Inc. appears below:
Revenue | $130,000 |
Cost of goods sold | 50,000 |
Depreciation expense | 32,000 |
Other operating expenses | 8,000 |
Income tax expense | 14,000 |
Net income | $ 26,000 |
During the year, Camire Inc.s cash increased by $4,200, accounts receivable increased by $1,200, inventory decreased by $3,800, and accounts payable increased by $400. How much is the company's cash flow from operations?
A. | $65,200 | |
B. | $58,000 | |
C. | $59,000 | |
D. | $61,000 |
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