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Net Income $7,0 Depreciation Expense1,0 Increase in Accounts Receivable4,400 Increase in Prepaid Rent7,0 Decrease in Prepaid Insurance1,300 Increase in Accounts Payable14,0 Increase in Wages Payable1,0 Decrease in Income Tax Payable700 Gain on Sale of Equipment1,800
Net Income - $7
Add:
Depreciation - $1
Decrease in Prepaid Insurance - $1.3
Increase in Accounts Payable - $
Increase in Wages Payable - $1
Less:
Increase in Accounts Receivable - $4.4
Increase in Prepaid Rent - $7
Decrease in Income Tax Payable - $0.7
Gain on Sale - $1.8
Cash Flow from Operating Activities - $.4
