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The net income reported on the income statement for the current year was $275,100. Depreciation recorded on fixed assets and amortizatio of parents for the

The net income reported on the income statement for the current year was $275,100. Depreciation recorded on fixed assets and amortizatio of parents for the year were $30,100 and $4300, respectively. Balances of current asset and current liability account at the end, and beginning of the year are as follows:
what amount of cash flows from (used for) operating activities, is record it on the statement of cash flows prepared by the indirect method? image text in transcribed

The net income reported on the income statement for the current year was $275,100.

Depreciation recorded on fixed assets and amortizatio of parents for the year were $30,100 and $4300, respectively. Balances of current asset and current liability account at the end, and beginning of the year are as follows:

what amount of cash flows from (used for) operating activities, is record it on the statement of cash flows prepared by the indirect method?

image text in transcribed
1. 1256,200 b. 1924,100 0.4328,700 4. 1306.700 What amount of cash flows from (used for) operating activities is reported on the statement of cash flows prepared by the indirect method? a. $256,200 b. $324,600 c. $328,700 d. $306,700

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