Question: Multiple choice so 1, 2, 3, or 4 D Question 10 5 pts The net income reported on the income statement for the current year

Multiple choice so 1, 2, 3, or 4

Multiple choice so 1, 2, 3, or 4 D Question 10 5

D Question 10 5 pts The net income reported on the income statement for the current year was $440,000. Depreciation recorded on plant assets was $70,000. Accounts receivable and inventories increased by $4,000 and $16,000, respectively. Prepaid expenses and accounts payable decreased by $4,000 and $24,000, respectively. How much net cash flow provided by operating activities? 1. $400,000 2. $470,000 3. $440,000 4. $510,000 O 2 0 3 O 1 0 4

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