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Calculate net cash flow from operating activities

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Reference no: EM131594632

Question - During 2015, Orton Company earned net income of $464,000 which included deprecia-tion expense of $78,000. In addition, the company experienced the following changes in the account balances listed below:

                                   Increases                                                     Decreases

Accounts payable           $45,000          Accounts receivable                 $12,000

Inventory                      36,000            Accrued liabilities                    24,000

                                                          Prepaid insurance                   33,000

Calculate net cash flow from operating activities using indirect method.

Reference no: EM131594632

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