Question: ent PRNTER VERSIONBACK NEXT MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION BACK Exercise 13-4 of $45,000 and a loss of $5,000 on disposal of the
ent PRNTER VERSIONBACK NEXT MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION BACK Exercise 13-4 of $45,000 and a loss of $5,000 on disposal of the Gutierrez Company reported net income of $225,000 for 2017. Gutierrez also reported depreciation expense equipment. The comparative balance sheet shows a decrease in accounts receivable of $4,000 decrease in prepaid expenses. $15,000 for the year, a $17,000 increase in accounts payable, and a Prepare the operating activities section of the statement of cash flows for 2017. Use the Indirect method. (Show amoun sign e.g. -15,000 or in parenthesis e.g. (15,000).) ts that decrease cash flow with either a- GUTIERREZ COMPANY Partial Statement of Cash Flows Adjustments to reconcile net income to
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