Question

4. Using the indirect method, calculate the amount of net cash flows from operating activities from...

4. Using the indirect method, calculate the amount of net cash flows from operating activities from the following data. Show your work

Net Income $83,000

Beginning Accounts Payable $ 6,000

Beginning Accounts Receivable 10,000

Ending Accounts Payable 5,600

Ending Accounts Receivable 8,800

Amortization of Intangible Assets 1,600

Ending Prepaid Expenses 2,800

Dividends Declared and Paid 4,400

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