Isner, Corp. reported the following comparative balance sheet:

	2020	2019
Assets
Cash	$10,000	$5,000
Accounts Receivable	$40,000	$30,000
Net Deferred Tax Asset	$8,000	$10,000
Equipment, net	$120,000	$130,000
Total Assets	$142,000	$175,000
Liabilities and Stockholders' Equity
Accounts Payable	$56,000	$89,000
Common Stock	$86,000	$86,000
Total Liabilities and SE	$142,000	$175,000

In addition, Isner, Corp recorded a $12,000 net loss, stock compensation expense of $15,000, and depreciation expense of $10,000. What is cash flow from operating activities?

Answer rating: 100% (QA)

To calculate the cash flow from operating activities u... View the full answer