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2 - Chapters 14, 16 & 17 Saved In preparing a company's statement of cash flows using the indirect method, the following information is available:

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2 - Chapters 14, 16 & 17 Saved In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income $58, 000 Accounts payable increased by 24, 000 01:18:18 Accounts receivable decreased by 37, 000 Inventories decreased by 11, 000 Cash dividends paid 20, 000 Depreciation expense 32, 000 Net cash provided by operating activities was: Multiple Choice O $36,000

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