Cash flow incorrect

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Dear all,

I am making exercises to improve my accounting abilities (and ofcourse to learn more about accounting), however I am making mistakes. Could some tell me what the cash flow is in May?

I have included my calculations and the assignment as attachments. My answer: the cash flow of month May is 14 000. But this is incorrect, could someone point me to the right direction?

Thanks!
 

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Joined
Dec 23, 2010
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Your solution is almost correct. The only error is that depreciation is not a cash-flow item.

Hence the actual cash flow for May is 19,000.
 

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