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What amount will be reported as net cash inflow

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Reference no: EM132596876

Question - Sun Corp. reported the following information for 2018 and 2019.

2018 2019

Accounts receivable $150 000 $120 000

Prepaid expenses 9 000 10 000

Accounts payable 65 000 80 000

Salaries payable 12 000 5 000

Income (profits or more correctly total comprehensive income) 200 000

Depreciation expense 14 000

Gain on sale of equipment 6 000

If Sun Corp. uses the indirect method to prepare the operating activities section of the statement of cash flows, what amount will be reported as net cash inflow from operating activities for 2019?

Reference no: EM132596876

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