ramzes

Yes, you are correct. "cash from sale of truck $7000" is an Investing Cashflow and not Operating Cashflow.

So, your Operating Cashflow is: -17,000 + 45,000 - 1,000 - 22,000 - 6,300 = -1,300

Also, note that you are not including Depreciation Expenses in Operating Cash Flow. Since, this is a Direct Method, just leave Depreciation Expenses alone.

If it was Indirect Method, you would have added back Depreciation Expenses to the Net Income.

Hope this helps.