Using the concepts from above, determine the cash flow from operating activities using the indirect method.

The following information is available from current period financial statements:

Net Income $527,000 Increase in A/Receivable $16,000

Patent Amortization 42,000 Increase in A/Payable 32,000

The following information is available from current period financial statements:

Net Income $120,000 Decrease in Inventory $27,000

Depreciation Expense 82,000 Amortization of Premium

on Bond Payable 1,200

The following information is available from current period financial statements:

Net Income $640,000 Decrease in Taxes Payable $80,000

Unrealized gain on Decrease in Prepaid

Trading Securities 12,000 Insurance 6,500

The following information is available from current period financial statements:

Net Income $142,000 Increase in wages payable $56,000

Decrease in interest Decrease in Dividends

payable 6,000 receivable 18,000