=+P3-2 Adjustment process Obj 3 SPREADSHEET P3-3 Financial statements Obj 4 SPREADSHEET

/ 1. Net income,

$19,290 P3-4 Statement ofcash flows Obj 4 SPREADSHEET

>/ Net cash flows from operating activities,

($950)

P3-5 Adjustments and errors Obj 3 SPREADSHEET

/ Corrected net in¬

come, $244,450