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During 2020 the Sheridan Company had a net income of $84600. In addition, selected accounts showed the following changes: Accounts Receivable $3100 increase Accounts Payable
During 2020 the Sheridan Company had a net income of $84600. In addition, selected accounts showed the following changes:
Accounts Receivable | $3100 | increase | |
Accounts Payable | 1200 | increase | |
Buildings | 3800 | decrease | |
Depreciation Expense | 1600 | increase | |
Bonds Payable | 8700 | increase |
What was the amount of cash provided by operating activities?
$84600.
$95400.
$86200.
$84300.
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