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The Vintage Boutique had net income of $53,000. Accounts Receivable increased by $35,000; inventory decreased by $22,000; accounts payable increased by $6,000 and salaries payable

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The Vintage Boutique had net income of $53,000. Accounts Receivable increased by $35,000; inventory decreased by $22,000; accounts payable increased by $6,000 and salaries payable decreased by $500 The amount of cash flow from operating activities under the indirect method is: $72, 500. $34, 500. $59, 500. $45, 500

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