Question: Trinity Coatings Company uses the indirect method to prepare its statement of cash flows. Refer to the following information for 2024 : The beginning balance

 Trinity Coatings Company uses the indirect method to prepare its statement

Trinity Coatings Company uses the indirect method to prepare its statement of cash flows. Refer to the following information for 2024 : The beginning balance in the Cash account was $3,000. Net cash provided by operating activities: $41,000 Net cash used for investing activities: $(27,000) Net cash provided by financing activities: $1,700 The statement of cash flows will show A. net cash provided by investing and financing activities $(15,700). B. ending cash of $15,700 C. net cash used for operating activities $41,000 D. ending cash of $18,700

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