a control activities b. extending credit to customers d. control environment Question 19 (1 point) Question 34) Galaxy Corporation reported net income of $80,000 for the year. During the year, accounts receivable increased by $2,000, accounts payable increased by $4,000 and depreciation expense of $5,000 was recorded. Using the indirect method, cash provided by operating activities for the year is a $85,000 Ob. $71,000. O c. $80,000 d. $87,000. Oe. $91.000 Question 20 (1 point) Question 31) Which of the following is not a basic principle of cash management? a. Keep inventory levels very high. d. Invest idle cash. Oc. Delay payment of liabilities. h Increase collection of negaivables