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33 Hogan Company had the following account balances for 2021: Accounts receivable Accounts payable 01:19:25 Prepaid insurance Dec. 31 $42,500 Jan. 1 $36,000 62,000 51,000
33 Hogan Company had the following account balances for 2021: Accounts receivable Accounts payable 01:19:25 Prepaid insurance Dec. 31 $42,500 Jan. 1 $36,000 62,000 51,000 17,500 9,500 Hogan reported net income of $350,000 for 2021. Assuming no other changes in current account balances, what is the amount of net cash provided by operating activities for 2021 reported in the statement of cash flows? Multiple Choice $346,500. $331,000. $324,500. $362,500
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