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Accounting

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Question 4 2 pts 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 [Select Net Income [Select ] Depreciation Expense [Select] Gain/Loss on Sale of Assets [Select] Increase in ACCounts Payable [Select Decrease in Unearned Revenue [Select Decrease in Accounts Receivable Select] Increase in Inventory [Select Net Increase/Decrease from Operating Activities [Select ] Net Income ($100,000) $100,000 [Select ] Depreciation Expense $14,000 ($14,000) [ Select ] Gain/Loss on Sale of Assets ($1,000) $1,000 [Select ] ($7,000) $7,000 Increase in Accounts Payable [Select ] Decrease in Unearned Revenue ($2,000) $2,000 Select ] $5,000 ($5,000) Decrease in Accounts Receivable Select] Increase in Inventory $6,000 ($6,000) [Select ] Net Increase/Decrease from Operating Activities $111,000 $96,000 $119,000 $89,000 $91,000

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