Question: Pear Company uses the indirect method to prepare the statement of cash flows. Refer to the following income statement: Pear Company Income Statement Year

Pear Company uses the indirect method to prepare the statement of cash

Pear Company uses the indirect method to prepare the statement of cash flows. Refer to the following income statement: Pear Company Income Statement Year Ended Year 5 Sales Revenue $252,000 Interest Revenue 2700 Gain on Sale of Plant Assets 5400 Total Revenues and Gains $260,100 Cost of Goods Sold 118,000 Salary Expense 44,000 Depreciation Expense 15,000 Other Operating Expenses 22,000 Interest Expense 1900 Income Tax Expense 5100 Total Expenses 206.000 Net Income (Loss) $54,100 Additional information provided by the company includes the following: 1. Current assets, other than cash, increased by $21,000. 2. Current liabilities decreased by $1000. Compute the net cash provided by (used for) operating activities. $47,100 $11,800 $32,100 $41,700

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