Answer:
Net cash flow from operating activities = $62,200
Explanation:
              EZ Company
        Statement of Cash Flow
  Particulars                           Amount ($)
Net Income                              50,000
Net cash flow from operating activities:
Depreciation expense            7,000
Amortization of patent              500
Amortization of premium on bonds  1,000
Decrease in accounts receivable   2,000
Increase in inventory             (1,500)
Decrease in salaries payable       (800)
Increase in accounts payable      4,000
Net cash used or provided                  12,200
Net cash flow from operating activities     =$62,200
Cash dividend is a financing activities, that is why it is not added or deducted in the operating activities.
