Answer:
Net cash flow of the operating activities is $356,000
Explanation:
Wayne Company
Partial statement of Cash flow
For the year Ended December 31, 2021
Cash flow from operating activities:
Net Income $265,000
<em />
<em>Adjustment to reconcile net income to net </em>
<em>cash provided by operating activities</em>
Depreciation expenses $45,000
Loss on sale of equipment $8,000
Decrease in accounts receivable $15,000
Decrease in prepaid expenses $6,000
Increase in accounts payable <u>$17,000</u> <u>$91,000</u>
Net cash provided by operating activities <u>$356,000</u>