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

Rodriguez Tint, 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 31, 2017

Sales Revenue

$150,000

Interest Revenue

6,000

Loss on Sale of Plant Assets

(5,100)

Total Revenues and Gains

$150,900

Cost of Goods Sold

140,000

Salary Expense

119,000

Depreciation Expense

7,000

Other Operating Expenses

13,100

Interest Expense

16,400

Income Tax Expense

6,000

Total Expenses

201,500

Net Income (Loss)

$(50,600)

Additional information provided by the company includes the following:

Current assets, other than cash, decreased by

$5,300.

Current liabilities increased by

$2,300.

Compute the net cash provided by (used for) operating activities.

A.$36,000

B.$10,400

C.$(58,200)

D.$(30,900)

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