The net income for Sandhill Co. for 2025 was $390,000. For 2025, depreciation on plant assets...

Transcribed Image Text:

The net income for Sandhill Co. for 2025 was $390,000. For 2025, depreciation on plant assets was $97,500, and the company incurred a loss on disposal of plant assets of $39,000. 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 eg-15,000 or in parenthesis eg. (15,000)) SANDHILL CO. Statement of Cash Flows (Partial) - Indirect Method Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities The net income for Sandhill Co. for 2025 was $390,000. For 2025, depreciation on plant assets was $97,500, and the company incurred a loss on disposal of plant assets of $39,000. 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 eg-15,000 or in parenthesis eg. (15,000)) SANDHILL CO. Statement of Cash Flows (Partial) - Indirect Method Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities