Question: Last answer option 44000 Question Completion Status: QUESTION TO Ohio, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the

Last answer option 44000

Last answer option 44000 Question Completion Status: QUESTION TO Ohio, Inc. uses

Question Completion Status: QUESTION TO Ohio, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following income statement: Ohio, Inc. Income Statement Year Ended December 31, 2024 Revenues and Gains: Sales Revenue $154,000 Interest Revenue 6,700 Total Revenues and Gains $160,700 Expenses and Losses: Cost of Goods Sold $150,000 Salary Expense 21,000 Depreciation Expense 7,400 Other Operating Expenses 13,500 Interest Expense 16,500 Loss on Sale of Plant Assets 5,100 Income Tax Expense 6,000 Total Expenses and Losses 219,500 Net Income (Loss) $(58,800) Additional information provided by the company includes the following: Current assets, other than cash, decreased by $5,200. Current liabilities increased by $2,200. Compute the net cash provided by (used for) operating activities. O (38900) O (66200) 10300

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