1 pts D Question 29 Trenton reports net income of $230,000 for the year ended D and a $5,000 gain on the sale of equipment. ts comparative balance sheet reveals a $35,500 decrease in accounts receivable, a $15,750 increase in accounts payable, and a $12.500 decrease in wages payable. Calculate the new cash provided (used)in operating activities using the indirect method. ecember 31, Year 2. It also reports $87,700 depreciation expense $376,450. $351.450 $356,450. $319,950 $263,750. D Question 30 1 pts ft 81 1 pts Woodlawn Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Retained earnings balance at the beginning of the year $233,000 Cash dividends declared for the year $50,000 Proceeds from the sale of equipment $85,000 Gain on the sale of equipment $4,500 Cash dividends payable at the beginning of the year $22,000 Cash dividends payable at the end of the year $30,000 Net income for the year $110,000 The ending balance in retained earnings is: $343,000. $213,000. $293,000. $297,500. $301,000 esc