Compute the net cash from operating activities

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Reference no: EM13129680

Glitter Girl, Inc. recognized net income of $150,000 including $26,000 in depreciation expense.

Additional changes from the balance sheet are as follows.

Accounts Receivable $3,500 decrease
Prepaid Expenses $15,000 decrease
Inventory $35,500 increase
Accrued Liabilities $12,000 decrease
Accounts Payable $20,000 increase
Compute the net cash from operating activities based on the above information.

$132,500
$79,000
$205,500
$167,000

Reference no: EM13129680

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