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A company's income statement showed the following: net income, $122.000: depreciation expense, $34,000; and gain on sale of plant assets, $8,000. An examination of the
A company's income statement showed the following: net income, $122.000: depreciation expense, $34,000; and gain on sale of plant assets, $8,000. An examination of the company's current assets and current liabilities showed the following changes accounts receivable decreased $10,200: merchandise inventory increased $22,000: prepaid expenses increased $7,000; accounts payable increased $4,200. Calculate the net cash provided or used by operating activities Multiple Choice $13,400. $145,400. $152,200. $147,400
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