Answer:
Check the explanation
Explanation:
Cash flow from operating activities: Â
Net income                                   $116
Adjustment to reconcile net income to cash basis: Â
Depreciation expense ($359+1-347) Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â $13
Gain on sale of equipment                        (14)
Decrease in account receivable (40-39) Â Â Â Â Â Â Â Â Â Â Â Â $1
Decrease in inventory (44-43) Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â $1
Increase in account payable (30-26) Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â $4
Decrease in accrued liabilities (18-15) Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â (3)
Decrease in income tax payable (40-39) Â Â Â Â Â Â Â Â Â Â Â Â (1)
Net cash flow from operating activities              $117