The current sections of Robertson Inc.'s balance sheets at December 31, 2009 and 2010, are presented here.
Robertson's net income for 2010 was $203,000. Depreciation expense was $24,000.
Instructions
Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31, 2010, using the indirect method.

Question

The current sections of Robertson Inc.'s balance sheets at December 31, 2009 and 2010, are presented here.
Robertson's net income for 2010 was $203,000. Depreciation expense was $24,000.  
Instructions
Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31, 2010, using the indirect method.

Quizplus · Accepted Answer

The Answer of The current sections of Robertson Inc.'s balance sheets at December 31, 2009 and 2010, are presented here.
Robertson's net income for 2010 was $203,000. Depreciation expense was $24,000.  
Instructions
Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31, 2010, using the indirect method.

The Current Sections of Robertson Inc