Question

s old b w eds began 2018 with acc ww .000 o ry, and peppe Beyawa 2.000 indded in the 146.000 and is alwe g .000 east.000 loss on B eland depre the end of the year xpense of $5,000 Cash flows from operating activities: cash Adustments to reconcile net income to provided by used for peting activities Nel cash provided by o perating activities

Answer 1

Cash Flows from Operating Activities		Amount in $
Net Income		82,000.00
Adjustments to reconcile net income to net cash provided by (used for) from operating activities
Add	Loss on sale of land	7,000.00
Add	Depreciation	5,000.00
Less	Increase in Accounts Receivable	-16,000.00
Less	Decrease in Accounts Payable	-8,000.00	-12,000.00
Net cash provided by (used for) operating activities		70,000.00