Question: View Policies Current Attempt in Progress Pina Colada Corp. reported net income of $220000 for the year ended December 31, 2022. During the year, inventories

 View Policies Current Attempt in Progress Pina Colada Corp. reported net
income of $220000 for the year ended December 31, 2022. During the
year, inventories decreased by $44000, accounts payable decreased by $66000, depreciation expense

View Policies Current Attempt in Progress Pina Colada Corp. reported net income of $220000 for the year ended December 31, 2022. During the year, inventories decreased by $44000, accounts payable decreased by $66000, depreciation expense was $49500 and a gain on disposal of equipment of $16500 was recorded. Net cash provided by operating activities in 2022 using the indirect method was $269500 $264000 $308000 $231000 e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Current Attempt in Progress Land costing $150000 was sold for $426000 cash. The gain on the sale was reported on the income statement as other income. On the statement of cash flows, what amount should be reported as an investing activity from the sale of land? $426000 $186000. $276000 $372000 View Policies Current Attempt in Progress The net income reported on the income statement for the current year was $178000. Depreciation was $38000, Accounts receivable and inventories decreased by $4000 and $11000, respectively. Prepaid expenses and accounts payable increased, respectively, by $400 and $10000. Investments were sold at a loss of $20100. How much cash was provided by operating activities? $234400. $227400 $260700 $191400

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