Fine Furniture Company had a net income of $50,000. Accounts receivable increased by $30,000; inventory decreased by $20,000; amounts payable increased by $4,000; and salaries payable decreased by $1,000. The amount of cash flow from continuing operating activities under the indirect method is

Answer:The amount of cash flow from continuing operating activities under the indirect method is $ 95,000.Step-by-step explanation:The amount of cash flow from continuing operating activities under the indirect method can be calculated by addingAccounts receivableinventory decreased  into the net incomewhile the amounts payablesalaries payableare subtracted from the net incomeso, our expression will be: cash flow= Net income + Accounts receivable + inventory decreased -                    amounts payable - salaries payable                 = $50,000 + $30,000 + $20,000 - $4,000 - $1,000                 =  $ 95,000.            inventory decreased            $20,000