Question: When using the indirect method to prepare the statement of cash flows, net income is $25,000. There was a gain on disposal of an asset

When using the indirect method to prepare the statement of cash flows, net income is $25,000. There was a gain on disposal of an asset of $4,500, depreciation expense of $650, an increase in Accounts Receivable of $1 ,400, and a decrease in Accounts Payable of $2,600. What is the net cash ow from operating activities? {:2- A. $21,650 {:2- B. $17,150 {:2- C. $34,150 {:2- D. $26,850

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