(Answered) Question - during 2015 orton company earned net income of

Accounting

Question - During 2015, Orton Company earned net income of $464,000 which included deprecia-tion expense of $78,000. In addition, the company experienced the following changes in the account balances listed below:

Increases Decreases

Accounts payable $45,000 Accounts receivable $12,000

Inventory 36,000 Accrued liabilities 24,000

Prepaid insurance 33,000

Calculate net cash flow from operating activities using indirect method.

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