Question: QS 12-3 (static) indirect: Computing cash flows from operations LO P2 Bryant Company reports net income of $20,000. For the year, depreciation expense is $7,000

QS 12-3 (static) indirect: Computing cash flows from operations LO P2 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 hada $2,000 loss from retirement of notes. Compute cash glows ftom operations using the infirect method.

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