Vaughn, Inc. reported net income of $3.10 million in 2022. Depreciation for the year was $198,400, accounts receivable decrea $434,000, and accounts payable decreased $347,200. Compute net cash provided by operating activities using the indirect method. (Show amounts that decrease cash flow with either a es-15,000 or in parenthesis eg. (15,000).) Vaughn, Inc. Statement of Cash Flows-Indirect Approach For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense Accounts Receivable Decrease Accounts Payable Decrease $ 198,400 434,000 $ Net Cash Provided by Operating Activities $

Kela Corporation reports net income of $570,000 that includes depreciation expense of $78,000. Also, cash of $59,000 was borrowed on a 4-year note payable. Based on this data, total cash inflows from operating activities are:   Multiple Choice   $629,000.   $648,000.   $492,000.   $707,000.

Gutierrez Company reported net income of $190,400 for 2020. Gutierrez also reported depreciation expense of $41,900 and a loss of $4,600 on the disposal of plant assets. The comparative balance sheet shows a decrease in accounts receivable of $14,400 for the year, a $16,400 increase in accounts payable, and a $4,100 decrease in prepaid expenses.   Prepare the operating activities section of the statement of cash flows for 2020. 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).

The net income for Swifty Corporation for 2022 was $260,100. For 2022, depreciation on plant assets was $67,800, and the company incurred a loss on disposal of plant assets of $27,100. Compute net cash provided by operating activities under the indirect method, assuming there were no other changes in the company's accounts. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis e.g. (15,000)) Ⓒ

Hi-Tech, Inc., reports net income of $70 million. Included in that number are depreciation expense of $6 million and a loss on the sale of equipment of $2 million. Records reveal increases in accounts receivable, accounts payable, and inventory of $3 million, $4 million, and $5 million, respectively. What are Hi-Tech’s net cash flows from operating activities?

Crane, Inc. reported net income of $2.65 million in 2022. Depreciation for the year was $169,600, accounts receivable decreased $371,000, and accounts payable decreased $296,800. Compute net cash provided by operating activities using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g.-15,000 or in parenthesis e.g. (15,000).)

Engineering Wonders reports net income of $70 million. Included in that number is building depreciation expense of $6 million and a gain on the sale of land of $2 million. Records reveal decreases in accounts receivable, accounts payable, and inventory of $3 million, $4 million, and $5 million, respectively. What are Engineering Wonders’ net cash flows from operating activities?

Laser World reports net income of $650,000. Depreciation expense is $50,000, accounts receivable increases $11,000, and accounts payable decreases $30,000. Calculate net cash flows from operating activities using the indirect method.

Electronic Wonders reports net Income of $96,200. The accounting records reveal Depreciation Expense of $50,500 as well as Increases in Prepaid Rent, Accounts Payable, and Income Tax Payable of $39,400, $24,200, and $20,100, respectively. Prepare the operating activities section of Electronic Wonders' statement of cash flows using the Indirect method. (Amounts to be deducted and negative values should be indicated by minus sign.) ELECTRONIC WONDERS Statement of Cash Flowes (partial) Cash Flows from Operating Activities Adjustments for noncash effects: Changes in current assets and current liabilities: Net cash flows from operating activites

Use the following information to prepare a statement of cash flows (indirect method) for Sink Industries for the year ended December 31, 2018, and calculate ending cash flows:  Net income for the year 2018 was $5,000. Accounts receivable decreased $2,000, while inventories increased $4,000, and accounts payable decreased $7,000. Depreciation expense included in net income was $8,000. During the year, a piece of land held for future expansion was sold for its book value of $8,000, and a new service truck was purchased for $14,000. The company borrowed $18,000 on a two-year note from the bank. Dividends of $6,000 were paid in cash.  preferred stock was issued to retire $7,000 of long-term notes payable. The beginning cash balance was $10,000.