Equipment, Inc. reported the following data for

2016:

Income Statement:

Net Income

$46,000

Depreciation Expense

6,000

Balance Sheet:

Increase in Accounts Receivable

6,000

Decrease in Accounts Payable

2,000

BMG'sBMG's

net cash provided by operating

activitieslong dashindirect

method.

Complete the partial Statement of Cash Flows. (Use parentheses or a minus sign for numbers to besubtracted.)

BMG Equipment, Inc.

Statement of Cash Flows (Partial)

Year Ended December 31, 2016

	Cash Flows from Operating Activities:
	Net Income
	Adjustments to Reconcile Net Income to
	Net Cash Provided by Operating Activities:
	Net Cash Provided by (Used for) Operating Activities