gageNOWv2 Onlir b The following informationiv genowcomilmtak

gageNOWv2 |Onlir b The following informationi+v genow.com/ilm/takeAssignment takeAssignmentMandoinvoker= assignments&takeAssigr; Calculator The following information is available from the current period financial statements: Net income Depreciation expense Increase in accounts receivable Decrease in accounts payable Determine the net cash flow from operating activities using the indirect method. Select the correct answer. O$145,897 9$144,088 $ 145,897 38,175 19,859 20,125 $224,056 $107,456

Solution

Calculation of net cash flow from operating activities

Hence, correct option is (b) $144,088

Net income	145,897
Add: Depreciation expense	38,175
Less: Increase in Accounts Receivables	- 19,859
Less: Decrease in Accounts Payables	- 20,125
Net cash flows from Operating Activities	144,088