What is the correct cash flows from operating activities


Below is an example of an incorrectly prepared statement of cash flows. The descriptions of the activities are correct.

Cash from operating activities
Net Income $ 60,000
Depreciation (4,000)
Increase in accounts receivable (2,000)
Increase in deferred tax liability (1,000)
$ 53,000

Cash from investing activities
Purchase of marketable securities $(48,000)
Dividends paid 1,500
$(46,500)

Cash from financing activities
Increase in Short-term debt - trade $ (500)
Increase in Long-term debt - bonds
Payable
(2,500)
$ (3,000)
Increase in cash $ 3,500

what is the correct cash flows from operating activities ?

 

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Accounting Basics: What is the correct cash flows from operating activities
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