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Additional Information: - Operating expenses include depreciation expense of $3,500,000 - Accounts Payable related to the purchase of inventory - Equipment that cost $3,900,000 was
Additional Information: - Operating expenses include depreciation expense of $3,500,000 - Accounts Payable related to the purchase of inventory - Equipment that cost $3,900,000 was sold at a gain of $1,000,000 - New equipment was purchased during the year for $2,500,000 - Dividends declared and paid in 205 totaled $1,900,000 - Common shares were sold for $2,000,000 cash - Interest payable in 205 was $240,000 greater than interest payable in 204 What is the total adjustment to reconcile profit to net cash provided by operating activiti Multiple Choice $(260) $(2,920) None of the other alternatives are correct $(4,660) $(1,750)
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