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When using the indirect method to prepare the statement of cash flows, net income is $18,000. There was a gain on disposal of an asset
When using the indirect method to prepare the statement of cash flows, net income is $18,000. There was a gain on disposal of an asset of $1,500, depreciation expense of $850, a decrease in Accounts Receivable of $4,500, and an increase in Accounts Payable of $3,400. What is the net cash flow from operating activities? O A. $19,950 OB. $28,250 O C. $9,250 OD. $25,250 Click to select your
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