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Business, 27.06.2019 04:10 tuchikitacristoyaidi

Sosa company reported net income of $190,000 for 2017. sosa company also reported depreciation expense of $35,000 and a loss of $5,000 on the disposal of plant assets. the comparative balance sheets show an increase in accounts receivable of $15,000 for the year, a $17,000 increase in accounts payable, and a $4,000 increase in prepaid expenses. prepare the operating activities section of the statement of cash flows for 2017. use the indirect method. (show amounts that decrease cash flow with either a - sign e. g. -15,000 or in parenthesis e. g. (15,

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