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Use the following information to calculate the net cash provided (inflow) or used by (outflow) from operating activities for the STAR Corporation: (a) Net income,
Use the following information to calculate the net cash provided (inflow) or used by (outflow) from operating activities for the STAR Corporation:
(a) Net income, $50,000
(b) Depreciation and amortization $ 12,000
(c) Loss on sale of equipment $ 2,000
(d) Gain on selling investments $26,000
(e) Increase in accounts receivable $ 6,000
(f) Increase in Accounts payable $ 2,500
(g) Issuance of common stock $ 60,000
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