D Company has the following information related to cash flows: accumulated depreciationequipment increased by $4,000,...
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Accounting
D Company has the following information related to cash flows:
accumulated depreciationequipment increased by $4,000,
patents decreased by $2,000 between balance sheet dates. (There were no purchases or sales of depreciable or intangible assets during the year.)
the income statement showed a loss of $3,200 from the sale of investments. (Assume no changes in noncash current assets and liabilities.)
Reconcile a net income of $91,000 to net cash flow from operating activities
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