Question 2 part 1

Question 1 part 2

TB MC Qu. 12-113 (Algo) In preparing a company's statement... In preparing a company's statement of cash flows using the Indirect method, the following information is available: Net income Accounts payable increased by Accounts receivable decreased by Inventories increased by Depreciation expense $ 57,000 18,500 25,500 6,080 31,500 Net cash provided by operating activites was O $126,500. O $63,500. O $75.500. $87.500 O $138.500. A machine with a cost of $146,000 and accumulated depreciation of $93.000 is sold for $66.000 cash. The cash flow amount that should be reported in the operang section reported under the direct method is Multiple Choice $56.000 $13.000 O $53,000 30 $27.000