Skysong Marine Company's income statement for the year ended December 31, 2025 reported a net loss...
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Skysong Marine Company's income statement for the year ended December 31, 2025 reported a net loss of $17900. Additional information for the period is as follows: o The cash balance increased $5,000 from the beginning to the end of the year. o The accounts receivable balance decreased $8500 from the beginning to the end of the year. o The inventory balance increased $12300 from the beginning to the end of the year. o The accounts payable balance increased by $15100 from the beginning to the end of the year. o Depreciation expense for 2025 was $9000. During 2025, operating activities O used net cash of $3800. O provided net cash of $11300. O used net cash of $11300. O provided net cash of $2400. Skysong Marine Company's income statement for the year ended December 31, 2025 reported a net loss of $17900. Additional information for the period is as follows: o The cash balance increased $5,000 from the beginning to the end of the year. o The accounts receivable balance decreased $8500 from the beginning to the end of the year. o The inventory balance increased $12300 from the beginning to the end of the year. o The accounts payable balance increased by $15100 from the beginning to the end of the year. o Depreciation expense for 2025 was $9000. During 2025, operating activities O used net cash of $3800. O provided net cash of $11300. O used net cash of $11300. O provided net cash of $2400.
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