Question: A Company uses the indirect method to prepare the statement of cash flows. Refer to the following income statement: Company Income Statement Year Ended December

A Company uses the indirect method to prepare the statement of cash flows. Refer to the following income statement: Company Income Statement Year Ended December 31. 2017 Additional information provided by the company includes the following: 1. Current assets, other than cash, increased by $20,000. 2. Current liabilities decreased by $1,500. Compute the net cash provided by (used for) operating activities. $32,600 $26,700 No response is correct $40,700 $35.600

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