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  1. business
  2. accounting
  3. net income for a company is $100,000. the company

Net Income for A company is $100,000. The company had $14,000 in depreciation expense, a...

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Accounting

Net Income for A company is $100,000. The company had

$14,000 in depreciation expense,

a loss on the sale of Equipment of $1,000,

an increase in accounts payable of $7,000,

a decrease in accounts receivable of $5,000,

an increase in inventory of $6,000, and

a decrease in unearned revenue of $2,000.

Fill out the Cash Flow Statement below. Note that $XX represents an addition an ($XX) represents a subtraction.

A Company
Cash Flow Statement
Cash Flow from Operating Activities
Net Income [ Select ] ["($100,000)", "$100,000"]
Depreciation Expense [ Select ] ["$14,000", "($14,000)"]
Gain/Loss on Sale of Assets [ Select ] ["$1,000", "($1,000)"]
Increase in Accounts Payable [ Select ] ["($7,000)", "$7,000"]
Decrease in Unearned Revenue [ Select ] ["$2,000", "($2,000)"]
Decrease in Accounts Receivable [ Select ] ["($5,000)", "$5,000"]
Increase in Inventory [ Select ] ["$6,000", "($6,000)"]
Net Increase/Decrease from Operating Activities [ Select ] ["$119,000", "$96,000", "$91,000", "$111,000", "$89,000"]

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