Question: Ohio, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following income statement: Ohio, Inc. Income Statement Year Ended

 Ohio, Inc. uses the indirect method to prepare the statement of
cash flows. Refer to the following income statement: Ohio, Inc. Income Statement

Ohio, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following income statement: Ohio, Inc. Income Statement Year Ended December 31, 2018 Revenues and Gains: Sales Revenue $158,000 Interest Revenue 6800 Total Revenues and Gains $164,800 Expenses and Losses: Cost of Goods Sold $150,000 21,000 7200 Salary Expense Depreciation Expense Other Operating Expenses Interest Expense 13,100 16,200 Loss on Sale of Plant Assets 5200 6000 Income Tax Expense Total Expenses and Losses Net Income (Loss) 218.700 $(53.900 Compute the net cash provided by (used for) operating activities. O A. $(61,900) $10,700 OB. O c. $38,700 O D. $(33,500)

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