Question: pm OV as vid Reference Press Exercise Equipment, Inc. Statement of Cash Flows ation in NCO OW Year Ended December 31, 2024 d e

pm OV as vid Reference Press Exercise Equipment, Inc. Statement of Cash

pm OV as vid Reference Press Exercise Equipment, Inc. Statement of Cash Flows ation in NCO OW Year Ended December 31, 2024 d e Cash Flows from Operating Activities: Net Income A $ 125,000 low Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Depreciation Expense $ 51,000 Increase in Accounts Receivable (2,000) Decrease in Merchandise Inventory 6,000 Increase in Accounts Payable 1,000 (3,000) 53,000 Decrease in Salaries Payable Net Cash Provided by (Used for) Operating Activities 178,000 Cash Flows from Investing Activities: Cash Payment for Acquisition of Plant Assets (91,000) (21,000) Cash Payment for Investments

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