Question: please show how to get correct answer The tollowing account balances are available for the current assets and current labeiries of Hodor Corp. are available
The tollowing account balances are available for the current assets and current labeiries of Hodor Corp. are available 12/31/2015 12/31/2016 Change Cash $207,000 $105,000 $102,000 Accounts receivable Inventory Prepaid expenses 80,000 60,000 20,000 100,000 110,000 10,000 5,000 37,000 8,000 Total current assets $432,000 $312,000 Accounts payable $50,000 $ 14,000 $36,000 Accrued interest payable 10,000 000 5000 Accrued wages payable 40000 30,000 -10.000 Total current liabilities $100.000 $49.000 $51,000 Net income for the year was $140,000 and depreciation expense was $30.000 There were no gains or losses reporea for the year The 2016 cash fow from operations or Ho sta] net cash [b] The frst blank is for a dollar amount Do not use the s sign or decimals in your answer. Commas are ok Use the following abbreviations for the second blank l for inflow O for outtiow specified Answer for a 0 29000 Specified Answer for Correct Answers for a Evaluation Method Exact Matcn Exacr aton Correct Answers tor b Evaluation Method Case Sensitivity Correct Answer 137 000 137000 Case Sensitivity Correct
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