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Ch. 15 - T-Mobile is preparing it's Statement of Cash Flows and has provided the following financial data from its Income Statement and Balance Sheet:

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Ch. 15 - T-Mobile is preparing it's Statement of Cash Flows and has provided the following financial data from its Income Statement and Balance Sheet: Net Income (accrual basis) $ 52,000 Depreciation Expense $ 12,000 Increase in Taxes Payable $5,400 Increase in Prepaid Rent $ 2,100 Loss on Sale of Investment $ 6,000 Purchase of Common Stock for cash $ 8,600 Decrease in Accounts Receivable $ 6,800 Given the above data, Verizon's net cash provided by (used in) operating activities using the indirect method would be: $47,900 $71,500 $80,100 $74,100

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