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  3. 5. norred company's net income last year was $53,0

5. Norred Company's net income last year was $53,000. Changes in selected balance sheet accounts...

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Accounting

5. Norred Company's net income last year was $53,000. Changes in selected balance sheet accounts for the year appear below: Debit balances: Accounts receivable Inventory Prepaid expenses Credit balances: Accumulated depreciation. Accounts payable Accrued liabilities Taxes payable Deferred taxes Increases (Decreases) $ 12,000 (14,000) (3,000) 26,000 35,000 (4,000) 17,000 0 Based solely on this information, the net cash provided by operations under the indirect method on the statement of cash flows would be:
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5. Norred Company's net income last year was $53,000. Changes in selected balance sheet accounts for the year appear below: Based solely on this information, the net cash provided by operations under the indirect method on the statement of cash flows would be

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