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Partial Balance Sheets and Additional Information Are Listed Below for Rickey

Question 103

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Partial balance sheets and additional information are listed below for Rickey Company.
Partial balance sheets and additional information are listed below for Rickey Company. Additional information for 2016: Net income was $160,000. Depreciation expense was $20,000. Required: Prepare the operating activities section of the statement of cash flows for 2016 using the indirect method.
Additional information for 2016:
Net income was $160,000.
Depreciation expense was $20,000.
Required:
Prepare the operating activities section of the statement of cash flows for 2016 using the indirect method.

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