Brooks Company reported net income of $40,000,which included depreciation expense and amortization expense of $21,000 and $18,000,respectively.The following changes also occurred during the year ended December 31,2019:
Prepare the operating activities section of the statement of cash flows using the indirect method for the year ended December 31,2019.

Question

Brooks Company reported net income of $40,000,which included depreciation expense and amortization expense of $21,000 and $18,000,respectively.The following changes also occurred during the year ended December 31,2019:
  Prepare the operating activities section of the statement of cash flows using the indirect method for the year ended December 31,2019.

Quizplus · Accepted Answer

The Answer of Brooks Company reported net income of $40,000,which included depreciation expense and amortization expense of $21,000 and $18,000,respectively.The following changes also occurred during the year ended December 31,2019:
  Prepare the operating activities section of the statement of cash flows using the indirect method for the year ended December 31,2019.

Brooks Company Reported Net Income of $40,000,which Included Depreciation Expense