Question: When using the Indirect method to prepare the statement of cash flows, net income is $29,000. There was a gain on Accounts Payable of $2,400.

When using the Indirect method to prepare the statement of cash flows, net income is $29,000. There was a gain on Accounts Payable of $2,400. What is the net cash flow from operating activities? A. $32,000 B. $13,200 C. $14,600 OD. $44,800 Question Help net income is $20,000. There was a gain on doposal of an asset of $8,000, depreciation expense of $700, an increase in Accounts Receivable of 54,700, and a decrease in activi

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