ter 16 Assignment i Saved Help Sa Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate compl OI QS 16-3 (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 had a $2,000 loss from retirement of notes. Compute cash flows from operations using the indirect method. Note: Amounts to be deducted should be indicated by a minus sign. *) Answer is not complete. Cash Flows from Operating Activities (Indirect) Net income 20,000 Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Depreciation expense 7,000 Loss on retirement of notes 2,000 Gain on sale of machinery (3,000) $ 26.000 here to search 71'F Clear