The Belcastel hotel group is assessing the value in use of a mountain hotel. For the next year, it expects 1,450,000 of accommodation and catering receipts, 830,000 of wages and supplies, 95,000 for the share of the central booking office charged to the hotel on a reasonable and consistent basis, and 70,000 of small routine repairs. The controller also added 110,000 of customer invoices already issued but not yet collected at the test date, and deducted 50,000 for the settlement of a lawsuit already provided for in the statement of financial position. What net cash flow should be used for the year?
- Accommodation and catering receipts
- 1,450,000
- Wages and supplies
- 830,000
- Share of the central booking office
- 95,000
- Small routine repairs
- 70,000
- Customer invoices issued but not collected
- 110,000
- Lawsuit already provided for
- 50,000