Question: Use the following information to perform the calculations below (using the indirect method). $650,000 $125,000 98,000 147.000 420,900 Net income Depreciation expense Beginning accounts receivable

Use the following information to perform the calculations below (using the indirect method). $650,000 $125,000 98,000 147.000 420,900 Net income Depreciation expense Beginning accounts receivable Ending accounts receivable Beginning inventory Ending inventory Beginning prepaid insurance Ending prepaid insurance 446,000 Beginning accounts payable Ending accounts payable Purchase of long-term assets Issuance of long-term debt Issuance of stock for cash Issuance of stock for long-term assets Purchase of treasury stock Sale of long-term investment at cost 600,000 262,000 158,000 120,000 518,000 574,000 40,800 69,500 49,900 52,500 (b) Calculate the amount of cash flows from investing activities. (Show amount that decrease cash flow with elther a-signes -15,000 or in parenthesis es. (15,0001) Cash flows from investing activities
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