Chapin Company reported net income of $410,000 for 2009. Balances of selected current asset and current liability accounts are as shown on the indicated dates: Depreciation expense for 2009 amounted to $65,000. Using only the above information, compute Chapin's net cash flow from operating activities (indirect method) for 2009:
A) $470,600.
B) $467,400.
C) $460,600.
D) $448,600.

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The Answer of Chapin Company reported net income of $410,000 for 2009. Balances of selected current asset and current liability accounts are as shown on the indicated dates: Depreciation expense for 2009 amounted to $65,000. Using only the above information, compute Chapin's net cash flow from operating activities (indirect method) for 2009:
A) $470,600.
B) $467,400.
C) $460,600.
D) $448,600.

Chapin Company Reported Net Income of $410,000 for 2009