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 Ended
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 $250.000 2200 Interest Revenue 5300 Gain on Sale of Plant Assets Total Revenues and Gains $257,500 122,000 45,000 10,000 Cost of Goods Sold Salary Expense Depreciation Expense Other Operating Expenses Interest Expense Income Tax Expense Total Expenses Net Income (Loss) 24,000 1700 5100 207.800 $49,700 Additional information provided by the company includes the following: 1. Current assets, other than cash, increased by $23,000. 2. Current liabilities decreased by $1500. Compute the net cash provided by (used for) operating activities $25,200 $35,200 $29,900 O $12,100
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