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Alpha Company had the following account balances for 2021: Dec. 31Jan. 1Accounts receivable$40,000$31,000Accounts payable53,00058,000 Alpha reported net income of $220,000 for 2021. Assuming no other
Alpha Company had the following account balances for 2021:
Dec. 31Jan. 1Accounts receivable$40,000$31,000Accounts payable53,00058,000
Alpha reported net income of $220,000 for 2021. Assuming no other changes in current account balances, what is the amount of net cash provided by operating activities for 2021 reported in the statement of cash flows?
Which is an answer?
- $206,000.
- $234,000.
- $216,000.
- $224,000.
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