Using the Indirect Method,calculate the Amount of Net Cash Flows

question 109

Essay

Using the indirect method,calculate the amount of net cash flows from operating activities from the following data.Show your work.
$\begin{array}{lrlr}\text { Net Income } & \$ 112,000 & \text { Beginning Accounts Payable } & \$ 6,000 \\\text { Beginning Accounts } & & \text { Ending Accounts Payable } & 5,600 \\\text { Receivable } & 10,000 & \text { Depreciation Expense } & 20,400\\\text { Ending Accounts Receivable } & 8,800 & \text { Amortization of Intangible } & \\\text { Beginning Prepaid Expenses } & 2,000 & \text { Assets } & 1,600 \\\text { Ending Prepaid Expenses } & 2,800 & \text { Dividends Declared and Paid } & 4,400\end{array}$

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Definitions:

Nurse's Aide

A healthcare worker who provides basic care to patients and assists with daily activities under the supervision of nursing staff.

Clinical Instructor

A healthcare professional who imparts practical training to students in a clinical setting, overseeing their application of theoretical knowledge to real-life medical scenarios.

Implied Consent

Permission that is assumed in an emergency when consent cannot be obtained from the client or a relative.

Emergency Department

A specialized department in a hospital where patients with acute illnesses or injuries are treated.