Question: 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

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 31,2024Revenues and Gains: Sales Revenue: 160,000 Interest Revenue 6,500 Total Revenues and Gains: 166,500 Expenses and Losses: Cost of Goods Sold 150,000 Salary Expense: 23,000 Depreciation Expense; 7,400 Other Operating Expenses: 13,200 Interest Expense: 16,000 Loss on Sale of Plant Assets:5,300 Income Tax Expense: 5,600 Total Expenses and Losses: 220,500 Net Income (Loss)\$(54,000) Additional information provided by the company includes the following: Current assets, other than cash, decreased by $5,400. Current liabilities increased by $2,500. Compute the net cash provided by (used for) operating activities.

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