Reference no: EM132795566
MNO reported net income of $42,000 for the reporting period ended December 3, 2011. MNO's records provided the following information:
Decrease in accounts payable $5,000
Depreciation expense $6,000
Amortization of premium on bonds payable $500
Declared a cash dividend $2,000
Increase in inventory $3,000
Decrease in accounts receivable $8,000
Increase in income tax payable $1,000
Decrease in long-term debt principal $10,000
problem 1: The net cash flow from operating activities was: