Question: The following information is available for Felix Company: Netincome$300Decrease in plant andequip.$40 Depreciationexpense20Increase in deferred tax asset5 Gain on sale ofassets35Decrease in long-termdebt50 Increase in

The following information is available for Felix Company:

Netincome$300Decrease in plant andequip.$40

Depreciationexpense20Increase in deferred tax asset5

Gain on sale ofassets35Decrease in long-termdebt50

Increase in inventories25Decrease in accounts payable15

What is cash from financing activities for Felix Company?

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