(Solution) - October Corporation reported net income of 46 000 in 2014 Depreciation -(2025 Original AI-Free Solution)

Discipline:

Type of Paper:

Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

Paper Details

October Corporation reported net income of $46,000 in 2014. Depreciation expense was $17,000 and unrealized losses on FV-NI investments were $3,000. The following accounts changed as indicated in 2014:
Accounts Receivable.............................................. $11,000 increase
Investments in Bonds, at Amortized Cost........................16,000 increase
Deferred Tax Assets..................................................2,000 decrease
Inventory...............................................................7,400 increase
Notes Payable (non-trade)..........................................15,000 decrease
Accounts Payable.........................................................9,300 increase
Calculate the net cash provided by operating activities.