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5.PSInc.reports the following information related to its most recent year. What is the correct amount of net cash flow from operating activities using the direct
5.PSInc.reports the following information related to its most recent year. What is the correct amount of net cash flow from operating activities using the direct method?Credit sales $556,000 Collections from customers 450,000 Interest received on investments 1,000 Dividends paid to common shareholders 9,000 Cost of goods sold 331,000 Payments oinventory suppliers 310,000 Depreciation expense 12,000 Operating expenses 68,000 Payments for operating expenses 66,000 Interest and taxes paid 19,000
A.$89,000
B.$74,000
C.$138,000
D.$56,00
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