The net income for Coronado Co. for 2022 was $276,800. For 2022, depreciation on plant assets...
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The net income for Coronado Co. for 2022 was $276,800. For 2022, depreciation on plant assets was $72,800, and the company incurred a loss on disposal of plant assets of $30,400. Compute net cash provided by operating activities under the indirect method, assuming there were no other changes in the company's accounts. (Show amounts that decrease cash flow with either a -sign e.g.-15,000 or in parenthesis e.g. (15,000).) Coronado Co. Statement of Cash Flows-Indirect Method Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Gain on Disposal of Plant Assets Loss on Disposal of Plant Assets Net Cash Provided by Operating Activities eTextbook and Media Save for Later Last saved 3 days ago. Attempts: 0 of 5 used Submit Answer The net income for Coronado Co. for 2022 was $276,800. For 2022, depreciation on plant assets was $72,800, and the company incurred a loss on disposal of plant assets of $30,400. Compute net cash provided by operating activities under the indirect method, assuming there were no other changes in the company's accounts. (Show amounts that decrease cash flow with either a -sign e.g.-15,000 or in parenthesis e.g. (15,000).) Coronado Co. Statement of Cash Flows-Indirect Method Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Gain on Disposal of Plant Assets Loss on Disposal of Plant Assets Net Cash Provided by Operating Activities eTextbook and Media Save for Later Last saved 3 days ago. Attempts: 0 of 5 used Submit Answer
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