Flint Company reported net income of $206,600 for 2025 . Flint also reported depreciation expense...
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Flint Company reported net income of $206,600 for 2025 . Flint also reported depreciation expense of $32,200 and a loss of $4,840 on the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $14,870 for the year, a $16,810 increase in accounts payable, and a $3.630 increase in prepaid expenses. Prepare the operating activities section of the statement of cash flows for 2025 . Use the indirect method. (Show amounts that decrease cash flow with either a-sign e.g. 15,000 or in parenthesis e.g. (15,000). Adjustments to reconcile net income to
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