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  3. joan's creations reports net income of $570,000. d

Joan's Creations reports net income of $570,000. Depreciation expense is $42,000, accounts receivable increases $12,000,...

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Accounting

Joan's Creations reports net income of $570,000. Depreciation expense is $42,000, accounts receivable increases $12,000, and accounts payable decreases $22,000. Calculate net cash flows from operating activities using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from operating activities JOAN'S CREATIONS Statement of Cash Flows (Partial) Adjustments to reconcile net income to net cash flows from operating activities: Net cash flows from operating activities $ 0
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Jaan's Creations reports net income of $570,000. Depreciation expense is $42,000, accounts receivable increases $12,000, and accounts payable decreases $22,000 Calculate net cash flows from operating activities using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)

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