Kentucky Company uses the indirect method to prepare the statement of cash flows. Refer to...
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Kentucky Company uses the indirect method to prepare the statement of cash flows. Refer to the following income statement Kentucky Company Income Statement Year Ended December 31, 2025 Sales Revenue $250,000 Interest Revenue 2.400 Gain on Sale of Plant Assets 5.900 Total Revenues and Gains $258,300 Cost of Goods Sold 125,000 Salary Expense 40.000 O A. $12,800 B. $37.000 C. $25,000 D. $31,100 Kentucky Company uses the indirect method to prepare the statement of cash flows. Refer to the following income statement Kentucky Company Income Statement Year Ended December 31, 2025 Sales Revenue $250,000 Interest Revenue 2.400 Gain on Sale of Plant Assets 5.900 Total Revenues and Gains $258,300 Cost of Goods Sold 125,000 Salary Expense 40.000 O A. $12,800 B. $37.000 C. $25,000 D. $31,100
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