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Rodriguez Tint,Inc Additional Information Provided by the Company Includes the Following:
Current

Question 60

Multiple Choice

Rodriguez Tint,Inc.uses the indirect method to prepare the statement of cash flows.Refer to the following income statement: Rodriguez, Inc.Income StatementYear Ended December 31,2017 Sales Revenue $154,000 Interest Revenue 7,000 Loss on Sale of Plant Assets (5,400 Total Revenues and Gains $155,600 Cost of Goods Sold 130,000 Salary Expense 21,000 Depreciation Expense 7,400 Other Operating Expenses 13,400 Interest Expense 16,000 Income Tax Expense 6,000 Total Expenses 193,800 Net Income (Loss)  $(38,200) \begin{array}{c}\text {Rodriguez, Inc.}\\\text {Income Statement}\\\text {Year Ended December 31,2017}\\\begin{array}{|l|r|r|}\hline \text { Sales Revenue } & \$ 154,000 & \\\hline \text { Interest Revenue } & 7,000 & \\\hline \text { Loss on Sale of Plant Assets } & (5,400 & \\\hline \text { Total Revenues and Gains } & & \$ 155,600\\\hline \text { Cost of Goods Sold } & 130,000 \\\hline \text { Salary Expense } & 21,000 \\\hline \text { Depreciation Expense } & 7,400\\\hline \text { Other Operating Expenses } & 13,400 \\\hline \text { Interest Expense } & 16,000 \\\hline \text { Income Tax Expense } & 6,000\\\hline\text { Total Expenses } & & \underline{193,800} \\\hline \text { Net Income (Loss) } && \$(38,200) \\\hline\end{array}\end{array} Additional information provided by the company includes the following:
Current assets,other than cash,decreased by $5,100.
Current liabilities increased by $2,300.
Compute the net cash provided by (used for) operating activities.


A) $(18,000)
B) $(45,600)
C) $10,500
D) $23,400

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