Laserfiche WebLink
7 <br />Persons Services Corp. <br />STATEMENT OF CASH FLOWS <br />For the Year Ended December 31, 2022 <br />3,316,745$ <br />1,112,888 <br />(61,087) <br />4,652 <br />89,550 <br />(9,693,348) <br />(287,901) <br />757 <br />(3,362,831) <br />(964,535) <br />8,534,573 <br />(133,931) <br />62,599 <br />- <br />90,919 <br />(1,290,950) <br />(1,939,006)$ <br />142,551 <br />(441,232) <br />(2,237,687)$ <br />Receivables <br />CASH FLOWS FROM OPERATING ACTIVITIES <br />Net income <br />Adjustments to reconcile net income (loss) to net cash <br />provided by operating activities <br />Depreciation and amortization <br />(Gain) loss on disposition <br />(Gain) loss on sale of investments <br />Unrealized (gain) loss on marketable investments <br />Changes in assets and liabilities <br />(Increase) decrease in: <br />estimated earnings <br />Prepaid expenses <br />Other receivable <br />Deferred contract cost <br />Cost and estimated earnings in <br />excess of billings <br />Increase (decrease) in: <br />Accounts payable <br />Accrued expenses <br />Payroll tax liabilities <br />Cash overdrafts <br />Billings in excess of costs and <br />NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES <br />NET CASH PROVIDED (USED) BY INVESTING ACTIVITIES <br />CASH FLOWS FROM INVESTING ACTIVITIES: <br />Purchase of equipment and leasehold improvements <br />Proceeds from disposal of equipment/vehicles <br />Investment in securities <br />See Notes and Accompanying Independent Accountants Review Report.