Norton Company Reported Total Sales Revenue of $55,000,total Expenses of $45,000,and

Multiple Choice

Norton Company reported total sales revenue of $55,000,total expenses of $45,000,and net income of $10,000 on its income statement for the year ended December 31,2010.During 2010,accounts receivable decreased by $4,000,merchandise inventory decreased by $6,000,accounts payable increased by $2,000,and depreciation of $8,000 was recorded.Therefore,based only on this information,the net cash flow from operating activities using the indirect method for 2010 was:

A) $30,000
B) $10,000
C) $18,000
D) $19,000