Shen Limited reported net income of $32,000 for its latest year ended March 31, 2012.
Instructions
For each of the five different situations involving the balance sheet accounts that follow, calculate the cash flow from operations:

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Accounts Receivable March 31 Inventory March 31 Accounts Payable March 31 2012 2011 2012 2011 2012 2011 $17,900 $20,500 $20,000 $23,000 $20,000 $19,500 $21,500 $21,500 $20,000 $16,500 $17,300 $12,000 $19,500 $12,900 9,000 $14,600 $7,000 $10,200 $13,300 $ 9,300 $10,200 $21,000 $24,000 $15,600 $14,000 $14,100 $11,300