Question: When using the indirect method to prepare the statement of cash flows, net income is $27,000. There was a gain on disposal of an asset

When using the indirect method to prepare the statement of cash flows, net income is $27,000. There was a gain on disposal of an asset of $7,000, depreciation expense Accounts Receivable of $3,500, and a decrease in Accounts Payable of $2,900. What is the net cash ow from operating activities? .:;';:. A. $23,400 .:i:i:- B. $14,400 .:;';:. 0. $41,200 1:332 D. $12,800

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