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During 2012 the DLD Company had a net income of $55,000. In addition, selected accounts showed the following changes: Accounts Receivable $3,000 increase Accounts Payable
During 2012 the DLD Company had a net income of $55,000. In addition, selected accounts showed the following changes: Accounts Receivable $3,000 increase Accounts Payable 1,000 increase Building 4,000 decrease Depreciation Expense 1,500 increase Bonds Payable 8,000 increase What was the amount of cash provided by operating activities?
$54,500 | ||
$55,000 | ||
$56,500 | ||
$64,500 |
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