Genius Inc. uses the indirect method to prepare its statement of cash flows. Using the worksheet shown below, enter the adjustments needed to record Net Income for the year ended December 31, 2014 of $49,000.
Definitions:
Intrinsic Rewards
Internal satisfaction or fulfillment derived from engaging in an activity, without external incentives.
Continuous Reinforcement
A reinforcement schedule in which a particular response is always reinforced.
Conditioned Response
A learned response to a previously neutral stimulus after it has been repeatedly associated with an unconditioned stimulus.
Unconditioned Stimulus
A stimulus that naturally triggers a response without the need for prior learning.
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