Question: Use the following information to work the next 3 problems: During April 2018, Premier had revenues of 104,000, paid salaries of $82,000, had operating expenses

Use the following information to work the next 3 problems: During April 2018, Premier had revenues of 104,000, paid salaries of $82,000, had operating expenses of $14,600, depreciation of $1,500, made estimated tax payments of $1,239 and sold some old computers for $250 and purchased new computers for all employees for $21,000. 14.) Prepare a profit and loss statement. 15) Prepare a cash flow statement 16.) Discuss why net profit does not equal net cash flow for the month
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