Help Save & Exit Submit A company's income statement showed the following: net income. $131,000; depreciation expense, $38,500, and gain on sale of plant assets. $12,500 An examination of the company's current assets and current liabilities showed the following changes accounts receivable decreased $11,100; merchandise inventory increased $26.500; prepaid expenses increased $7.900; accounts payable increased $5,100. Calculate the net cash provided or used by operating activities Multiple Choice $159,400 $180,500 $08.800 $154600 O $152.600 In preparing a company's statement of cash flows using the indirect method, the following information is available: 4. Net income Accounts payable decreased by Accounts receivable increased by Inventories increased by Cash dividends paid Depreciation expense $61,000 27,000 34,000 14,000 15,800 29,000 Net cash provided by operating activities was: Multiple Choice $147000 $39.000 $53,000 $15.000 The accountant for TI Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: 8 Retained earnings balance at the beginning of the year Cash dividends declared for the year Net income for the year $168,000 52,800 100,500 What is the ending balance for retained earnings? Multiple Choice $289,500 $14,700 $268.500 $215,700 $11.200