Net cash flow from operating activities for 2014 for Graham Corporation was $75,000. The following items are reported on the financial statements for 2014:
| Depreciation and amortization Don't use plagiarized sources. Get Your Custom Essay on net cash flow from operating activities for 2014 for graham corporation was 75 000 t 610979 Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT! Just from $10/Page | 5,000 |
| Cash dividends paid on common stock | 3,000 |
| Increase in accrued receivables | 6,000 |
Based only on the information above, Graham”s net income for 2014 was:
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