Question: Kentucky Company uses the indirect method to prepare the statement of cash flows. Refer to the following income statement Kentucky Company Income Statement Year Ended
Kentucky Company uses the indirect method to prepare the statement of cash flows. Refer to the following income statement Kentucky Company Income Statement Year Ended December 31, 2019 $253,000 3,000 6,000 Sales Revenue Interest Revenue Gain on Sale of Plant Assets Total Revenues and Gains Cost of Goods Sold Salary Expense Depreciation Expense Other Operatina Expenses $262,000 18,000 43,000 13,000 22.000 O A. $42,700 OB, $48,700 ??. $35,700 O D. $13,100
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