Question: Calculate cash flow from operations using the indirect method and the following data: Net Income was $57,000 Accounts receivable decreased by $12,000 Inventory increased

Calculate cash flow from operations using the indirect method and the following data:

 

Net Income was $57,000

Accounts receivable decreased by $12,000

Inventory increased by $9,000

Proceeds from issuing long term debts was $25,000

Accounts Payable increased $4,500

Equipment Purchases were $95,000

Depreciation and amortization expense was $21,000

Prepaid expenses decreased $5,000

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