Solved: Gw photography reported net income of 100000 for 2012, Accounting Basics

Gw photography reported net income of 100000 for 2012

1. GW Photography reported net income of $100,000 for 2012. Included in the income statement were depreciation expense of $6,300, patent amortization expense of $4,000, and a gain on sale of equipment of $3,600. GW's comparative balance sheets show the following balances.

Calculate net cash provided by operating activities for GW Photography.

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Accounting Basics: Gw photography reported net income of 100000 for 2012

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Accounting Basics: Gw photography reported net income of 100000 for 2012

Reference No:- TGS01528343

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