Question: QS 16-3 Indirect: Computing cash flows from operations LO P2 Bryant Co. reports net income of $23,200. For the year, depreciation expense is $10,200 and

QS 16-3 Indirect: Computing cash flows from operations LO P2 Bryant Co. 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.) Answer is not complete. $ 23,200 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 Depreciation expense Gain on sale of machinery Loss on retirement of notes Inventorios OOO 10.200 (6,200) 5,200 32,400 64,800 $

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