prepare a statement of cash flow using the indirect method. ...
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Accounting
prepare a statement of cash flow using the indirect method.
\begin{tabular}{|l|r|} \hline \multicolumn{2}{|l|}{ Income Statement for Year Ended December 31, 2015 } \\ \hline Sales & $9,500 \\ \hline Cost of goods sold & 6,050 \\ \hline Gross profit & 2,850 \\ \hline Other exuenses & \\ \hline Selling and administrative & 1,200 \\ \hline Depreciation & 100 \\ \hline Interest & 150 \\ \hline Income tox & 3.50 \\ \hline Net income & $1,050 \\ \hline \end{tabular}
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