Reference no: EM133189723
Question - Primo, Inc. reports net income of $170,000 in 2017. They provide the following additional information:
Depreciation and amortization expense total $15,000.
They report a gain on sale of investments of $2,500.
Their balance of accounts receivable increases by $4,700.
Their balance of inventory decreases by $2,400.
Their balance of accounts payable increases by $3,100.
Their short-term notes payable decreases by $10,000.
They pay dividends totaling $6,000.
Required - Prepare the operating section of the statement of cash flows for 2017 using the indirect method.
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