Homework Answers
Ans. Option C $645,000
Explanation: Non cash and non operating expenses are added to net income in the cash flow from operating activities section of balance sheet.
Particulars Amount
Net income. $580,000
Add: Depreciation expense. $60,000
Add: Amortization expense. $5,000
Cash inflow from operating activities. $645,000
*Cash borrowed is a financing activity.
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