Zhu Wen has reported net income of P190,000 for 2017. It also reported depreciation expense of P50,000 and a loss of P6,000 on the disposal of plant assets. The comparative balance sheet shows a...

Extracted text: Zhu Wen has reported net income of P190,000 for 2017. It also reported depreciation expense of P50,000 and a loss of P6,000 on the disposal of plant assets. The comparative balance sheet shows a decrease in accounts receivable of 11,600 for the year, a 13,600 Increase in accounts payable. Use indirect method. Prepare the operating activities section.