AC313

Langley Company reported net income for 2022 in the amount of $480,000. The company's financial statements also included the following: Increase in accounts receivable Decrease in inventory Increase in accounts payable Depreciation expense Gain on sale of land $ 79,000 61,000 220,000 105,000 147,000 What is net cash provided by operating activities under the indirect method? Multiple Choice 0 $588,000. O $640,000 What is net cash provided by operating activities under the indirect method? Multiple Choice $588,000. $640,000 ( ) $1.092.000. O $798,000