The following information is given for Tripp Company, which uses the indirectmethod

Answer:Step-by-step explanation:1.The cash flow from operating activities is = $28000.Working Note:Net Income                                                        $20000Depreciation expense                                   $3000Increase in accounts receivable                 ($2000)Increase in accounts payable                      $4000Decrease in inventory                                    $3000Net Cash Flow from Operating Activities = 20000 + 3000 – 2000 + 4000 + 3000Net Cash Flow from Operating Activities = $280002.The cash flow from investing activities = $6000.Working Note:Proceeds from sale of equipment                            $6000Net cash flow from investing activities =               $60003.The cash flow from financing activities = - $2000              or ($2000)Working Note:Payment of dividends                                    ($2000)Net Cash flow from financing activities = - $2000                or ($2000)