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Determine the cash flow from operating activities

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Reference no: EM13325518

Selected financial statement information is reported below for Cameron Corporation for the year ended December 31, 2012.

Sales 400,000

Cost of goods sold 220,00

Depreciation expense 30,000

Wages expense 34,000

Other operating expenses 26,000

Net income 90,000

Dividends paid 20,000

Account balances     Dec 31, 2012         Dec 31, 2011

Cash                            25,000                                    37,000

Account recevable    30,000                                    40,000

Inventory                   35,000                                     26,000

Wages                         10,000                                    8,000

Using the above data, determine the cash flow from operating activities for the year using the direct method. Show your work.

Reference no: EM13325518

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