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54 Red Rock Company has provided the following information pertaining to its recent year of operation: Net income, $207,000 Accounts receivable increased $19,400 Prepaid insurance
54 Red Rock Company has provided the following information pertaining to its recent year of operation: Net income, $207,000 Accounts receivable increased $19,400 Prepaid insurance decreased $6,700 Depreciation expense was $44,000 Gain on sale of land, $4,700 Wages payable decreased $15,400 Unearned revenue increased $23,400 Using the indirect method, how much was Red Rock's net cash provided by operating activities? Multiple Choice
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