View Policies Current Attempt in Progress The net income for Crane Co. for 2022 was $305,000. For 2022, depreciation on plant assets was $65,200, and the company incurred a loss on disposal of plant assets of $11,600. Compute net cash provided by operating activities under the indirect method, assuming there were no other changes in the company's accounts. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Crane Co. Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to $ $ $

View Policies Current Attempt in Progress The net income for Crane Co. for 2022 was $305,000. For 2022, depreciation on plant assets was $65,200, and the company incurred a loss on disposal of plant assets of $11,600. Compute net cash provided by operating activities under the indirect method, assuming there were no other changes in the company's accounts. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Crane Co. Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to $ $ $

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter12: The Statement Of Cash Flows

Section: Chapter Questions

Problem 12.22MCE

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Current Attempt in Progress The net income for Coronado Co. for 2022 was $276,800. For 2022, depreciation on plant assets was $72,800, a company incurred a loss on disposal of plant assets of $30,400. Compute net cash provided by operating activities under the indirect method, assuming there were no other cha company's accounts. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,0 Coronado Co. Statement of Cash Flows-Indirect Method Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Gain on Disposal of Plant Assets Loss on Disposal of Plant Assets Net Cash Provided by Operating Activities +A $ +A +A $
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Current Attempt in Progress Concord, Inc. reported net income of $2.15 million in 2022. Depreciation for the year was $137,600, accounts receivable decreased $301,000, and accounts payable decreased $240,800. Compute net cash provided by operating activities using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g.-15,000 or in parenthesis e.g. (15,000).) Concord, Inc. Statement of Cash Flows-Indirect Approach December 31, 2022 Adjustments to reconcile net income to $ $ $
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