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company s statement of casri fiows using the indirect method, the followinng iniormation is available: Net income $59,000 25,

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Answer #1
Statement of Cash Flow from operating activities
Particulars Amount Total Amount
Net Income                59,000.00
Add: Depreciation                27,000.00
            86,000.00
Adjustments:
Increase in Accounts recievable   -32000.00
increase in inventory             (12,000.00)
Decrease in Accounts payable               (25,000.00) -69000.00
Cash flow from operating activities             17,000.00
So correct answer is $17000
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