Cash Flow Statement ( Partial) | |
Net income | 236,880 |
Depreciation expense | 21,840 |
Loss on sale of equipment | 14,280 |
Accounts receivable increase | -12,600 |
Inventory increase | -33,600 |
Prepaid expense decrease | 1,680 |
Accounts payable increase | -11,760 |
Cash flows from operating activities | $216,720 |
Second option is correct option.
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Multiple Choice Question 127 A company had net income of $236 . Depreciation dense is $21840....
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