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17. David Company has budgeted its activity for October 2005. Selected data from estimated amounts are as follows: Net income 120, 000 Increase in gross
17. David Company has budgeted its activity for October 2005. Selected data from estimated amounts are as follows: Net income 120, 000 Increase in gross amount of accounts receivable during the month 35, 000 Decrease in accounts payable during the month 25, 000 Depreciation expense 65, 000 Provision of income taxes 80, 000 Provision for doubtful accounts receivable 45, 000 On the basis of the above data, David has budgeted a cash increase for the month in the amoun' of a. 90, 000 b. 195, 000 c. 250, 000 d. 300. 000
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