New Vision Company completed its income statement and balance sheet and provided the following information: Service Revenue $ 66,000
Expenses:
Salaries and Wages $ 42,000
Depreciation 7,300
Utilities 6,000 Office 1,700 57,000
Net Income $ 9,000
Decrease in Accounts Receivable $ 12,000
Paid cash for equipment 5,000
Increase in Salaries and Wages Payable 9,000
Decrease in Accounts Payable 4,250
Required:
Present the operating activities section of the statement of cash flows for New Vision Company using the indirect method.