Question: QS 12-3 (Algo) Indirect: Computing cash flows from operations LO P2 Bryant Company reports net income of $23,000. For the year, depreciation expense is $10,000

QS 12-3 (Algo) Indirect: Computing cash flows from operations LO P2 Bryant Company reports net income of $23,000. For the year, depreciation expense is $10,000 and the company reports a gain of $6,000 from sale of machinery. It also had a $5,000 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.) Cash Flows from Operating Activities (Indirect) Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash $ 0

12-3 (Algo) Indirect: Computing cash flows from operatlons LO P2 Bryant Company reports net incame of $23,000. For the year, depreciation expense is $10,000 and the company reports a gain of $6,000 from saie of machinery, it also had a $5,000 loss from retirement of notes. Compute cosh fiows from operations using the indirect method, (Amounts to be deducted should be indicated by a minus slgn.)

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