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During 2019, Orton Company earned net income of 384,000 which included depreciation expense of 78,000. In addition, the company experienced the following changes in the
During 2019, Orton Company earned net income of 384,000 which included depreciation expense of 78,000. In addition, the company experienced the following changes in the account balances listed below: Increases Decreases Accounts payable 45,000 Accounts receivable 12,000 Inventory 36,000 Accrued liabilities 24,000 Prepaid insurance 33,000 Based upon this information what amount will be shown for net cash provided by operating activities for 2019? 492,000 O 465,000 285,000 267,000
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