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The net income reported on the income statement for the current year was $ 2 8 3 , 3 9 9 . Depreciation recorded on
The net income reported on the income statement for the current year was $ Depreciation recorded on fixed assets and amortization of patents for the year were $ and $ respectively. Balances of current asset and current liability accounts at the end and at the beginning of the year are as follows:
End Beginning
Cash $ $
Accounts Receivable
Inventories
Prepaid Expenses
Accounts Payable merchandise creditors
What is the amount of the net cash flows from operating activities reported on the statement of cash flows prepared by the indirect method?
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