Rodriguez Tint,Inc Additional Information Provided by the Company Includes the Following:
Current

question 105

Multiple Choice

Rodriguez Tint,Inc.uses the indirect method to prepare the statement of cash flows.Refer to the following income statement: $\begin{array}{c}\text {Rodriguez, Inc.}\\\text {Income Statement}\\\text {Year Ended December 31,2017}\\\begin{array}{|l|r|r|}\hline \text { Sales Revenue } & \$ 154,000 & \\\hline \text { Interest Revenue } & 7,000 & \\\hline \text { Loss on Sale of Plant Assets } & (5,400 & \\\hline \text { Total Revenues and Gains } & & \$ 155,600\\\hline \text { Cost of Goods Sold } & 130,000 \\\hline \text { Salary Expense } & 21,000 \\\hline \text { Depreciation Expense } & 7,400\\\hline \text { Other Operating Expenses } & 13,400 \\\hline \text { Interest Expense } & 16,000 \\\hline \text { Income Tax Expense } & 6,000\\\hline\text { Total Expenses } & & \underline{193,800} \\\hline \text { Net Income (Loss) } && \$(38,200) \\\hline\end{array}\end{array}$ Additional information provided by the company includes the following:
Current assets,other than cash,decreased by $5,100.
Current liabilities increased by $2,300.
Compute the net cash provided by (used for) operating activities.

• A)$(18,000)
• B)$(45,600)
• C)$10,500
• D)$23,400