The following data were extracted from the financial statements of a company for the year ended...

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The following data were extracted from the financial statements of a company for the year ended December 31. Net profit 70,000 Depreciation expense 14,000 Amortization of intangibles 1,000 Decrease in accounts receivable 2,000 Increase in inventories 9,000 Increase in accounts payable 4,000 Increase in plant assets 47,000 Increase in share capita! 31,000 Decrease in short-term notes payable 55,000 There were no disposals of plant assets during the year. Based on the information above, a statement of cash flows will report a net increase in cash of O 11,000 17,000 54,000 69,000 The following data were extracted from the financial statements of a company for the year ended December 31. Net profit 70,000 Depreciation expense 14,000 Amortization of intangibles 1,000 Decrease in accounts receivable 2,000 Increase in inventories 9,000 Increase in accounts payable 4,000 Increase in plant assets 47,000 Increase in share capita! 31,000 Decrease in short-term notes payable 55,000 There were no disposals of plant assets during the year. Based on the information above, a statement of cash flows will report a net increase in cash of O 11,000 17,000 54,000 69,000

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