Question: QS 12-3 (Algo) Indirect: Computing cash flows from operations LO P2 Bryant Company reports net income of $21,600. For the year, depreciation expense is

QS 12-3 (Algo) Indirect: Computing cash flows from operations LO P2 Bryant

QS 12-3 (Algo) Indirect: Computing cash flows from operations LO P2 Bryant Company reports net income of $21,600. For the year, depreciation expense is $8,600 and the company reports a gain of $4,600 from sale of machinery. It also had a $3,600 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. Answer is not complete. Cash Flows from Operating Activities (Indirect) Net income: Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash S 0

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