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Windsor Company reported 2020 net income of $153,100. During 2020, accounts receivable increased by $16,020 and accounts payable increased by $9,847. Depreciation expense was
Windsor Company reported 2020 net income of $153,100. During 2020, accounts receivable increased by $16,020 and accounts payable increased by $9,847. Depreciation expense was $45,000. Prepare the cash flows from operating activities section of the statement of cash flows. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) WINDSOR COMPANY Cash Flow Statement Adjustments to reconcile net income to $ $ $
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