Question: Please answer the above question entirely, and clearly specify what the answer is via boldface, highlights, boxes etc. Thank you! 7. value: points 6.00 Chino

Please answer the above question entirely, and clearly specify what the answer is via boldface, highlights, boxes etc. Thank you!

7. value: points 6.00 Chino Company reported net income of $29,000 for the current year. During the year, Inventory decreased by $8700, Accounts Payable decreased by $8,850, Depreciation Expense was $11,700, and Accounts Receivable increased by $8,200. If the indirect method is used, what is the net cash provided by operating activities? O $50,050. O $32,350. O $12,200. O $66,450

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