A company's income statement showed the following: net income, $127,000; depreciation expense, $36,500; and gain on sale of plant assets, $10,500. An examination of the company's current assets and current liabilities showed the following changes accounts receivable decreased $10,700, merchandise inventory increased $24.500, prepaid expenses increased $7,500, accounts payable increased $4,700. Calculate the net cash provided or used by operating activities Multiple Choice 00 $136,400 5151400 A machine with a cost of $144,000 and accumulated depreciation of $99,000 is sold for $57,000 cash. The amount that should be reported as a source of cash under cash flows from investing activities is: Multiple Choice Zero. This is a financing activity $12.000 $45.000