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Darwin Company, a manufacturer, has provided the following information pertaining to its recent year of operation: Net income, $198,000 Accounts receivable increased $17,700 Prepaid insurance
Darwin Company, a manufacturer, has provided the following information pertaining to its recent year of operation:
- Net income, $198,000
- Accounts receivable increased $17,700
- Prepaid insurance increased $6,700
- Depreciation expense was $24,000
- Loss on sale of a building was $21,700
- Wages payable increased $13,700
- Unearned revenue decreased $20,000
Using the indirect method, how much was Darwin's net cash provided by operating activities?
Multiple Choice
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$183,000.
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$223,000.
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$213,000.
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$169,600.
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