Metlock Marine Company's income statement for the year ended December 31, 2025 reported a net loss...
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Metlock Marine Company's income statement for the year ended December 31, 2025 reported a net loss of $16200. Additional information for the period is as follows: o The cash balance increased $5,000 from the beginning to the end of the year. o The accounts receivable balance decreased $5200 from the beginning to the end of the year. o The inventory balance increased $13200 from the beginning to the end of the year. o The accounts payable balance increased by $20000 from the beginning to the end of the year. o Depreciation expense for 2025 was $8900. During 2025, operating activities O provided net cash of $12000. O used net cash of $8000. O used net cash of $12000. O provided net cash of $4700. Metlock Marine Company's income statement for the year ended December 31, 2025 reported a net loss of $16200. Additional information for the period is as follows: o The cash balance increased $5,000 from the beginning to the end of the year. o The accounts receivable balance decreased $5200 from the beginning to the end of the year. o The inventory balance increased $13200 from the beginning to the end of the year. o The accounts payable balance increased by $20000 from the beginning to the end of the year. o Depreciation expense for 2025 was $8900. During 2025, operating activities O provided net cash of $12000. O used net cash of $8000. O used net cash of $12000. O provided net cash of $4700.
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