The net income for Fallon Company for 2017 was $320,000.During 2017, depreciation on plant assets was $124,000,amortization of patent was $40,000, and the companyincurred a loss on sale of plant assets of $21,000. Computenet cash flow from operating activities.
The net income for Fallon Company for 2017 was $320,000.
During 2017, depreciation on plant assets was $124,000,
amortization of patent was $40,000, and the company
incurred a loss on sale of plant assets of $21,000. Compute
net cash flow from operating activities.
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