Posted: February 17th, 2016

Determine the cash flow from operating activities.

The following information is available for ABC Company for the first month of the year.

Revenues $20,000
Expenses $ 7,500
Increase in accounts receivable $500
Increase in inventory $ 1,100
Decrease in supplies $ 300
Decrease in accounts payable $ 1,600
Decrease in wages payable $ 850
Depreciation expense $ 2,230

Determine the cash flow from operating activities.