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The Black Corporation has provided the following information Net income Increase in prepaid expenses Amortization...

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Accounting

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The Black Corporation has provided the following information Net income Increase in prepaid expenses Amortization of discount on bonds payable Decrease in accounts payable Increase in inventor Dividends declared Dividends paid Increase in accounts receivable Increase in wages payable Increase in deferred tax liability $560,000 14,000 10,000 20,000 21,000 39,000 36,000 30,000 16,000 41,000 Required Determine the cash flow from operating activities using the indirect method of cash flow statement presentation

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