LeBlanc Transportation left parenthesis LT right parenthesis began 2020 with accounts receivable, inventory, and prepaid...
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LeBlanc Transportation left parenthesis LT right parenthesis began with accounts receivable, inventory, and prepaid expenses totalling $ comma At the end of the year, LT had a total of $ comma for these current assets. At the beginning of LT owed current liabilities of $ comma and at yearend, current liabilities totalled $ comma Net income for the year was $ comma Included in net income were a $ comma gain on the sale of land and depreciation expense of $ comma Show how LT should report cash flows from operating activities for LT uses the indirect method. 
LeBlanc Transportation left parenthesis LT right parenthesis began with accounts receivable, inventory, and prepaid expenses totalling $ comma At the end of the year, LT had a total of $ comma for these current assets. At the beginning of LT owed current liabilities of $ comma and at yearend, current liabilities totalled $ comma Net income for the year was $ comma Included in net income were a $ comma gain on the sale of land and depreciation expense of $ comma
Show how LT should report cash flows from operating activities for LT uses the indirect method.
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