Question: Rodriguez Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following income statement: Rodriguez Inc Income Statement Year Ended

 Rodriguez Inc. uses the indirect method to prepare the statement of
cash flows. Refer to the following income statement: Rodriguez Inc Income Statement

Rodriguez Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following income statement: Rodriguez Inc Income Statement Year Ended December 11, 2015 Sales Revue $155.000 Interest Revue 6,000 Loss on Sale of Plant Assets (5000) Total revenues and gains $156,000 Cost of Goods Sold 110,000 Salary Expense 19,000 Depreciation Expense 7.000 Other Operating Expenses 13.000 Interest Expense 16,000 Income Tax Expense Total Expenses 170,300 Net Income (losa) 5(14,300 5.300 Additional information provided by the company includes the following: Current assets, other than cash, decreased by $5,000 Current liabilities increased by $2,000 How much is the net cash provided by operating activities? Select one: A. $(300) B. $10,000 C. $7,300 D. $4,700 Rodriguez Inc. Income Statement Year Ended December 31, 2015 $155,000 6,000 (5,000) $156,000 Sales Revenue Interest Revenue Loss on Sale of Plant Assets Total revenues and gains Cost of Goods Sold Salary Expense Depreciation Expense Other Operating Expenses Interest Expense Income Tax Expense Total Expenses Net Income (loss) 110,000 19,000 7,000 13,000 16,000 5,300 170,300 $(14.300)

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