The following information is available for Guardian Company for the first month of 2004.
|
Revenues |
$15,000 |
|
Expenses |
8,000 |
|
Increase in accounts receivable |
700 |
|
Decrease in inventory |
1,200 |
|
Decrease in supplies |
400 |
|
Increase in accounts payable |
1,100 |
|
Decrease in wages payable |
900 |
|
Depreciation expense |
800 |
|
Patent expense |
300 |
Determine the cash flow from operating activities for the month.