Question: 4. Using the indirect method of cash flow statement, what is the net change in cash for the year 2020?* O A) Decrease in cash

 4. Using the indirect method of cash flow statement, what is
the net change in cash for the year 2020?* O A) Decrease

4. Using the indirect method of cash flow statement, what is the net change in cash for the year 2020?* O A) Decrease in cash by $2,625 O B) Increase in cash by $2,625 O C) Increase in cash by $5,040 D) Decrease in cash by $2,415 O E) None of the above. E Aishti Company Income Statement For the Year Ended December 31, 2020 Revenues $94.500 Less. Depreciation expense $6,825 Less. Other operating expenses 74,550 Less: Interest Expense 3,990 Income before income taxes $9,135 Income tax expense $3,197 Net income $5,938 Aishti Company Balance Sheet For the Year Ended December 31, 2019 & 2020 2020 2019 Assets Cash $2,415 $5,040 Accounts Receivable $5,355 $6.193 Inventories $10,290 $10,080 Plant & Equipment $32,970 $22,575 Less. Ace Depreciation ($15.960) ($9,135) Total Assets $35,070 $34,753 Liabilities & O/E Accounts Payable $3,885 $5,775 Income Tax Payable $1,260 $2.940 Long-Term Debt $9.555 $8,715 Common Stock $11,550 $14,175 Retained Earnings $8,820 $3,150 Total Liabilities and O/E $35,070 34,755

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