Question: In preparing a company's statement of cash flows using the Indirect method, the following Information is available: Net income Accounts payable increased by Accounts receivable

In preparing a company's statement of cash flows using the Indirect

In preparing a company's statement of cash flows using the Indirect method, the following Information is available: Net income Accounts payable increased by Accounts receivable decreased by Inventories increased by Depreciation expense $66,000 19,480 26,480 7,880 34,200 Net cash provided by operating activities was: Multiple Choice $69,800 $85,400 $138,200. $153,800 $101.000

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