In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available:
Net income for the year was $ 55,000 Accounts payable increased by 18,300 Accounts receivable decreased by 25,300 Inventories increased by 5,600 Depreciation expense was 30,900 Net cash provided by operating activities was:
Multiple Choice
$84,500.
$135,100.
$123,900.
$62,100.
$73,300.