Question: 1. Using the indirect method, determine net cash provided by operating activities based on the following information. Net income is $132,000, accounts receivable increased $12,000

1. Using the indirect method, determine net cash provided by operating activities based on the following information. Net income is $132,000, accounts receivable increased $12,000 during the year, inventory decreased $6,000 during the year, and accounts payable increased $10,000 during the year.

		$102,000
		$112,000
		$124,000
		$136,000

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