Marigold Corp. reported net income of $60000 for the year ended December 31, 2021 Included in...
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Marigold Corp. reported net income of $60000 for the year ended December 31, 2021 Included in net income were depreciation expense of $8400 and a gain on sale of equipment of $2300. Each of the following accounts increased during 2021: Accounts receivable Inventory Prepaid rent $2300 $4900 $6700 Available-for-sale securities $1300 Accounts payable $5300 What is the amount of cash provided by operating activities for Marigold Corp. for the year ended December 31, 2021? $59800 $57500 $56200 $48000 Marigold Corp. reported net income of $60000 for the year ended December 31, 2021 Included in net income were depreciation expense of $8400 and a gain on sale of equipment of $2300. Each of the following accounts increased during 2021: Accounts receivable Inventory Prepaid rent $2300 $4900 $6700 Available-for-sale securities $1300 Accounts payable $5300 What is the amount of cash provided by operating activities for Marigold Corp. for the year ended December 31, 2021? $59800 $57500 $56200 $48000
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