You are absolutely correct!
$1,012,000.
| Solution: | ||||||
| CASH FLOWS FROM OPERATING ACTIVITIES | ||||||
Cash receipts from customers |
$ |
912,000 |
||||
Operating Grants |
$ |
100,000 | ||||
| Net Cash Provided by Operating Activities | 1,012,000 | |||||
You are absolutely correct!
$1,012,000.
| Solution: | ||||||
| CASH FLOWS FROM OPERATING ACTIVITIES | ||||||
Cash receipts from customers |
$ |
912,000 |
||||
Operating Grants |
$ |
100,000 | ||||
| Net Cash Provided by Operating Activities | 1,012,000 | |||||