The net income for Shamrock, Inc. for 2022 was $320.000. For 2022, depreciation on plant assets was $80,000, and the com
Posted: Tue Nov 16, 2021 8:57 am
company incurred a loss on disposal of plant assets of $32,000 Compute net cash provided by operating activities under the indirect method, assuming there were no other changes in the company's accounts. (Show amounts that decrease cash flow with either e-sign es-15,000 or in parenthesis es. (15,000) Shamrock, Inc. Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to
The net income for Shamrock, Inc. for 2022 was $320.000. For 2022, depreciation on plant assets was $80,000, and the