Answer:
$344,000
Explanation:
2018 2019 Change
Amount in $ Amount in $ Amount in $
Inventory 99,000.00 72,000.00 27,000.00 Total current asset 289,000.00 248,000.00 41,000.00 Accounts payable 52,000.00 42,000.00 (10,000.00)
Salaries payable 39,000.00 91,000.00 52,000.00
Amount in $
Net income 210,000.00
Add depreciation 24,000.00
Changes to current assets and liabilities
Inventory 27,000.00
Total current asset 41,000.00
Accounts payable (10,000.00)
Salaries payable <u> 52,000.00 </u>
Net cash flows from operating activities <u>344,000.00 </u>
