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  1. business
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  3. sanders awnings reported net income of $83.5 milli

Sanders Awnings reported net income of $83.5 million. Included in that number were depreciation expense...

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Accounting

Sanders Awnings reported net income of $83.5 million. Included in that number were depreciation expense of $1.9 million and a loss on the sale of equipment of $3.2 million. Records reveal increases in accounts receivable, accounts payable, and inventory of $2.9 million, $3.9 million, and $2.9 million, respectively. Required: What were Sanders cash flows from operating activities? (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).)

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