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 $248,000 2700 5100 $255,800 Sales Revenue Interest Revenue Gain on Sale of Plant Assets Total Revenues and Gains Cost of Goods Sold Salary Expense Depreciation Expense Other Operating Expenses Interest Expense Income Tax Expense Total Expenses Net Income (Loss) 123,000 43,000 13,000 22.000 1500 5500 208.000 $47,800 Additional information provided by the company includes the following: 1. Current assets, other than cash, increased by $22,000. 2. Current liabilities decreased by $1000. Compute the net cash provided by (used for) operating activities. O $24,800 O $32,700 O $11,200 O $37,800
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