QS $12-3($Static$)$ Indirect: Computing cash flows from operations LO P$2$

Bryant Company reports net income of $$20,000.$ For the year, depreciation expense is $$7,000$ and the company reports a gain of $$3,000$ from sale of machinery. It also had a $$2,000$ loss from retirement of notes. Compute cash flows from operations using the indirect method.

Note: Amounts to be deducted should be indicated by a minus sign.

$\backslash$table$[[$Cash Flows from Operating Activities $($Indirect$)],[$F$,],[$Adjustments to reconcile net income to net cash provided by operating activities,$],[$Income statement items not affecting cash,$],[,],[,],[,],[,],[,$$