Chandler Company's net income last year was $98,000 and cash dividends declared and paid to the company stockholders was $13,000.Changes in selected balance sheet accounts for the year appear below:

- The net cash flows from operating activities to be reported in a statement of cash flows is

Question

Chandler Company's net income last year was $98,000 and cash dividends declared and paid to the company stockholders was $13,000.Changes in selected balance sheet accounts for the year appear below:

- The net cash flows from operating activities to be reported in a statement of cash flows is

Quizplus · Accepted Answer

$98,000 - $1,000 + $1,000 - $13,000 + $61,000 - $11,000 - $9,000 + $9,000

Chandler Company's Net Income Last Year Was $98,000 and Cash