33. Solomon Corporation formats operating cash flows using the indirect method. Solomon's Income Statement for 2018 Sales revenue Gain on sale of equipment Cost of goods sold Depreciation Cash Other operating expenses Net income * The book value of equipment sold during 2018 was $25,000. Solomon's Comparative Balance Sheets December 31, 2018 and 2017 Accounts receivable 2018 $7,000 9,000 2017 $5,000 10,500 $220,000 5,500 $114,000 6,500 26,000 Accounts payable Accrued liabilities * 2018 $4,500 5,000 $225,500 146,500 $79,000 2017 $5,500 1,500 ecos-coesoed

33. Solomon Corporation formats operating cash flows using the indirect method. Solomon's net cash provided by operating activities during 2018 was A. $88,500. B. $78,000. C. $82,000. D. $83,000