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Determine the company cash flow from operations for May

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Reference no: EM133092576

Question - The following information applies to a company's cash flow for May:

Cash from sale of truck: $7,000

Net income: $11,000

Cash salaries paid: $17,000

Cash from customers: $45,000

Depreciation expense: $5,500

Interest on bank line of credit: $1,000

Cash paid to suppliers: $22,000

Other cash expenses, including rent: $6,300

Cash taxes: $0

Required - Under U.S. GAAP, determine the company's cash flow from operations for May?

Reference no: EM133092576

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