Question: Use the indirect method to calculate the net cash provided for used by operating activities based on the following information: Profit Depreciation expense Gain on

Use the indirect method to calculate the net cash provided for used by operating activities based on the following information: Profit Depreciation expense Gain on sale of land Decrease in inventory Increase in accounts payable Cash from land sale $60,000 7,200 14 000 3,500 5.500 9200 Multiple Choice 0 $62.200 0 $4.000 0 $21200 0 534700 0 9200

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