The current sections of Sunland Company’s balance sheets at December 31, 2021 and 2022, are presented here. Sunland’s n
Posted: Thu May 19, 2022 11:59 am
The current sections of Sunland Company’s balance sheets at
December 31, 2021 and 2022, are presented here.
Sunland’s net income for 2022 was $151,500. Depreciation expense
was $26,000.
2022
2021
$100,900
$97,800
79,500
88,300
168,300
173,000
27,000
22,300
$375,700
$381,400
$15,700
$9,000
84,700
96,000
$100,400
$105,000
Prepare the net cash provided by operating activities section of
the company’s statement of cash flows for the year ended December
31, 2022, using the indirect method.
December 31, 2021 and 2022, are presented here.
Sunland’s net income for 2022 was $151,500. Depreciation expense
was $26,000.
2022
2021
$100,900
$97,800
79,500
88,300
168,300
173,000
27,000
22,300
$375,700
$381,400
$15,700
$9,000
84,700
96,000
$100,400
$105,000
Prepare the net cash provided by operating activities section of
the company’s statement of cash flows for the year ended December
31, 2022, using the indirect method.