An analyst compiled the following information for Unix Inc. for the year ended December 31, 2022...

 

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An analyst compiled the following information for Unix Inc. for the year ended December 31, 2022 Net income was $1,900,000. Accounts receivable increased by $45,000. Collections from customers were $3,800,000 Depreciation expense was $500,000. Salaries Payable increases by $65,000. Salaries paid were $1,100,000. Interest paid was $250,000. Interest payable decreased by $25,000. Income taxes paid were $125,000. Income tax payable increased by $70,000. A building was purchased for $1,100,000. Equipment with a book value of $120,000 was sold for $260,000. Common stock was sold for $220,000. Preferred stock (8% annual dividend) was sold at par value of $270,000. Common stock dividends of $70,000 were paid. I Preferred stock dividends of $21,600 were paid. Required: Complete the operating activities section (in good form) to determine Unix Inc.'s net cash flow from operating activities for 2022. You can use the direct or the indirect method (but not both). An analyst compiled the following information for Unix Inc. for the year ended December 31, 2022 Net income was $1,900,000. Accounts receivable increased by $45,000. Collections from customers were $3,800,000 Depreciation expense was $500,000. Salaries Payable increases by $65,000. Salaries paid were $1,100,000. Interest paid was $250,000. Interest payable decreased by $25,000. Income taxes paid were $125,000. Income tax payable increased by $70,000. A building was purchased for $1,100,000. Equipment with a book value of $120,000 was sold for $260,000. Common stock was sold for $220,000. Preferred stock (8% annual dividend) was sold at par value of $270,000. Common stock dividends of $70,000 were paid. I Preferred stock dividends of $21,600 were paid. Required: Complete the operating activities section (in good form) to determine Unix Inc.'s net cash flow from operating activities for 2022. You can use the direct or the indirect method (but not both).

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