Exercise 6-8 (Part Level Submission) The following comparative information is available for Ivanhoe Company for 2017. LIFO Sales revenue Cost of goods sold Operating expenses (including depreciation) Depreciation Cash paid for inventory purchases $81,020 37,960 25,380 FIFO $81,020 27,100 25,380 9,760 34,170 9,760 34,170 (a) (b) x] Your answer is incorrect. Try again. Determine net cash provided by operating activities under each approach. Assume that all sales were on a cash basis and that income taxes and operating expenses, other than depreciation, were on a cash basis. LIFO FIFO Net cash provided by operating activities 31230 31230