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Using the indirect method, calculate the cash flow Net income: 1,900,000 Depreciation Expense: 100,000 Cash Receipts Debited: 300,000 Cash Receipts Credited: 250,000 Accounts Receivable: 40,000
Using the indirect method, calculate the cash flow Net income: 1,900,000 Depreciation Expense: 100,000 Cash Receipts Debited: 300,000 Cash Receipts Credited: 250,000 Accounts Receivable: 40,000 Inventory: 38,000 Prepaid Expenses: 74,000 Accounts Payable: 105,000 Beginning of the year cash flows: 44,000
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