Azen Company reported net income of $198,930 for 2012. Azen also - 13933

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Azen Company reported net income of $198,930 for 2012. Azen also reported depreciation expense of $40,150 and a loss of $6,700 on the sale of equipment. The comparative balance sheet shows a decrease in accounts receivable of $15,460 for the year, a $18,700 increase in accounts payable, and a $4,040 decrease in prepaid expenses.

Complete the operating activities section of the statement of cash flows for 2012. Use the indirect method. (If the amount reduces cash flow put either a negative sign preceding the number, e.g. -45 or parenthesis, e.g. (45).)

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AE12-4.docx
AE12-4.docx