Rodriguez Tint, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following incomestatement:
Rodriguez, Inc.
Income Statement
Year Ended December 31, 2017

Sales Revenue $150,000
Interest Revenue 6,000
Loss on Sale of Plant Assets (5,100)

Total Revenues and Gains $150,900
Cost of Goods Sold 140,000
Salary Expense 119,000
Depreciation Expense 7,000
Other Operating Expenses 13,100
Interest Expense 16,400
Income Tax Expense 6,000
Total Expenses 201,500
Net Income (Loss) $(50,600)

Additional information provided by the company includes thefollowing:
Current assets, other than cash, decreased by
$2,100.
Current liabilities increased by
$1,200.
Compute the net cash provided by (used for) operating activities.
A.$36,000
B.$10,400
C.$(58,200)
D.$(30,900)

RODRIQUEZ Tint Inc

Statement of Cash flows

Operating Activities

Net Loss                                                             $(50,600)

Add Income tax expenses                                   6,000

Interest expenses                                                 16,400

Net loss before tax                                             (28,200)

Non-cash items

Depreciation                            7,000

Loss on sales of plant             5,100                   12,100

Changes in working capital

Decrease in current asset        2,100

Increase in current liabilities    1,200                3,300

Cash used for operating activities                    ( 12,800)

The correct answer is $(12,800)

Explanation:

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white lines separate lanes of traffic traveling the same direction.

hashed or broken lines means you may change lanes when it is safe.

solid white lines mean stay in your lane.

yellow lines separate traffic moving in opposing directions.

hashed or broken yellow lines mean you can carefully pass, paying attention to oncoming traffic.

never cross a solid yellow line (or double yellow line).

when turning left at an intersection, pass in front of any cars that are turning left from the opposing direction (do not try to pass behind them).

use the left lane to pass other cars traveling your direction.

do not pass in the right lane unless absolutely necessary.

if you are driving in the far left hand lane and someone would like to pass you, move over to the right lane when it is safe to do so and allow them to pass.

you must always yield to pedestrians.

come to a complete stop whenever you see pedestrians trying to cross the street.

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be aware of bicyclists. often they share the road with cars and are supposed to also follow general traffic laws.

be particularly careful about driving in cities with bike lanes -- always check before turning that a bike is not coming.

it is mandatory to pull over or stop at an intersection to allow an emergency vehicle to pass you if you see one traveling with lights flashing and/or a siren running.

do not overuse your car horn. horns are used almost exclusively for emergency situations or for when you feel unsafe.

explanation:

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