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Business, 06.10.2019 02:30 savanna39

Hampton company reports the following information for its recent calendar year. income statement data selected year-end balance sheet data sales $ 160,000 accounts receivable increase $ 10,000 expenses inventory decrease 16,000 cost of goods sold 100,000 salaries payable increase 1,000 salaries expense 24,000 depreciation expense 12,000 net income $ 24,000 required: prepare the operating activities section of the statement of cash flows for hampton company using the indirect method. (amounts to be deducted should be indicated with a minus sign.)

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