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  3. drugstore corp had a net income of 38000 accounts

Drugstore Corp had a net income of 38000 Accounts Receivable increased by 5500 ...

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Accounting

Drugstore Corp had a net income of 38000

Accounts Receivable increased by 5500

accounts payable decreased by 2500

depreciation expense for the year was 500 a

additional transactions include the purchase of land in exchange for stock 35000

the sale of treasury stock 2500

issued bonds 4000 acquired building y issuing a note 80000 Using the direct method the net increase in cash for the year is?

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