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+ Yokum Company had the following transactions for 20X1. Payments of dividends - $11,250 Depreciation expense - $22,500 Income taxes paid - $27,000 Proceeds received
+ Yokum Company had the following transactions for 20X1. Payments of dividends - $11,250 Depreciation expense - $22,500 Income taxes paid - $27,000 Proceeds received from sale of equipment - $225,000 Utilities paid - $6,750 Interest paid on note to local bank - $5,625 Proceeds from issuance of common stock - $56,250 Collections on accounts receivable - $337,500 Payments on inventory - $168,750 Payments for wages and salaries - $78,750 Using the transactions above, compute the net cash flow from operating activities. negative $523,125 positive $225,000 positive $523,125 negative $225,000 negative $50,625 positive $50,625
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