Question: Assets and Increase (Decrease) $47,000 $12,000 $20,000 $(7,000) $11,000 Cash Accounts receivable Inventory Prepaid expenses Accumulated depreciation Liabilities Accounts payable Wages payable Taxes payable Increasel(Decrease)

 Assets and Increase (Decrease) $47,000 $12,000 $20,000 $(7,000) $11,000 Cash Accounts

Assets and Increase (Decrease) $47,000 $12,000 $20,000 $(7,000) $11,000 Cash Accounts receivable Inventory Prepaid expenses Accumulated depreciation Liabilities Accounts payable Wages payable Taxes payable Increasel(Decrease) $20,000 (17,000) $11,000 The company's operating income during the yoar was $39,000. What is the net cash provided by operating activities during last year on the statement of cash flows for Smitnson Corporation (using the indirect method)? O A. $97,000 O B. $27,000 O C. $39,000 D. $12,000

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