C.) 238,000

D.) 222,000

Klutz Dance Studio had net income of $187,000 for the year just ended. Klutz collected the following additional information to prepare its statement of cash flows for the year. $ 29,000 $ 16,000 $102,000 Decrease in accounts receivable Increase in accounts payable Increase in retained earnings Cash paid for purchase of new music equipment Depreciation expense $ 25,000 $ 6,000 Klutz uses the indirect method to prepare its statement of cash flows. What is Klutz's net cash provided by (used in) operating activities? Multiple Choice O $10,000 $148,000