Oasis Company has reported net income of $50,000 and the following activities. What is the cash...
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Oasis Company has reported net income of $50,000 and the following activities. What is the cash flow from operations using the indirect method? Depreciation expense $30,000 Gain on sale of equipment 5,000 Account receivable decrease 3,000 Inventory increase 4,000 Accounts payable increase 8,000 $22,000 O $92,000 O $82,000 O $84,000 O $66,000 Oasis Company has reported net income of $50,000 and the following activities. What is the cash flow from operations using the indirect method? Depreciation expense $30,000 Gain on sale of equipment 5,000 Account receivable decrease 3,000 Inventory increase 4,000 Accounts payable increase 8,000 $22,000 O $92,000 O $82,000 O $84,000 O $66,000
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