Question: QS 12-3 (Algo) Indirect: Computing cash flows from operations LO P2 Bryant Company reports net income of $23,200. For the year, depreciation expense is $10,200
QS 12-3 (Algo) Indirect: Computing cash flows from operations LO P2 Bryant Company reports net income of $23,200. For the year, depreciation expense is $10,200 and the company reports a gain of $6,200 from sale of machinery. It also had a $5,200 loss from retirement of notes. Compute cash flows from operations using the indirect method. (Amounts to be deducted should be indicated by a minus sign.)
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