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Allen Company's 2016 income statement reported total revenues, $750,000 and total expenses (including $30,000 depreciation) of $620,000. The 2016 balance sheet reported the following: accounts
Allen Company's 2016 income statement reported total revenues, $750,000 and total expenses (including $30,000 depreciation) of $620,000. The 2016 balance sheet reported the following: accounts receivablebeginning balance, $40,000 and ending balance, $31,000; accounts payablebeginning balance, $12,000 and ending balance, $19,000. Therefore, based only on this information, how much was the 2016 net cash provided by operating activities?
$128,000.
$176,000.
$158,000.
$162,000.
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