Question: Multiple Choice Question 129 The net income reported on the income statement for the current year was $561000. Depreciation recorded on plant assets was $84000.

 Multiple Choice Question 129 The net income reported on the income

Multiple Choice Question 129 The net income reported on the income statement for the current year was $561000. Depreciation recorded on plant assets was $84000. Accounts receivable and inventories increased by $44000 and $18000, respectively. Prepaid expenses and accounts payable decreased by $2000 and $35000, respectively. How much cash was provided by operating activities? O $550000. $510000 O $740000 O $528000

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