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The net income for Pronghom Corp for 2022 was $430,000. For 2022, depreciation on plant assets was $107,500, and the company incurred a loss on
The net income for Pronghom Corp for 2022 was $430,000. For 2022, depreciation on plant assets was $107,500, and the company incurred a loss on disposal of plant assets of $43,000. Compute net cash provided by operating activities under the indirect method, assuming there were no other changes in the company's hccounts. (Show amounts thot decrease cash flow with elther a - sign eg - 15,000 or In parenthesis eg. (15,000) )
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