The net income reported on the income statement for the current year was $255,000. depreciation recorded on fixed assets and amortization of patents for the year were $30,000 and $4,000, respectively. balances of current asset and current liability accounts at the end and at the beginning of the year are as follows: end beginning cash $50,000 $60,000 accounts receivable 112,000 108,000 inventories 105,000 93,000 prepaid expenses 4,500 6,500 accounts payable (merchandise creditors) 75,000 89,000 what is the amount of cash flows from operating activities reported on the statement of cash flows prepared by the indirect method? $261,000 $289,000 $317,000 $251,000

Acontractor was awarded a purchase order for commercial items for $1.5 million under the authority of far subpart 13.5. the purchase order was issued in november 2010 and containedall applicable clauses that were current as of the date of the purchase order. under the purchase order, the contractor is required to comply with a small business subcontracting plan that contains all of the required elements. which of the following is true? a. the contractor must submit a standard form 294, subcontracting report for individual contracts. b. the contractor must submit an individual subcontracting report through the electronic subcontracting reporting system (esrs). c. the contractor may submit either an sf 294 or report its subcontracting through esrs. d. the contractor is not required to submit any subcontracting reports.