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Felix Skateboards Company uses the indirect method to prepare the statement of cash flows. Refer to the following income statement: Felix Company Income Statement Year

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Felix Skateboards Company uses the indirect method to prepare the statement of cash flows. Refer to the following income statement: Felix Company Income Statement Year Ended December 31, 2017 Sales Revenue $248,000 Interest Revenue 2,200 Gain on Sale of Plant Assets 5,400 TALL O A. $28,200 O B. $40,200 C. $34,800 OD $12,200 AF AAN > VI. VIIVIVUI. ILAILUUN $255,600 Total Revenues and Gains Cost of Goods Sold Salary Expense Depreciation Expense Other Operating Expenses Interest Expense Income Tax Expense Total Expenses 119,000 43,000 12,000 21,000 1,700 5,300 202,000 O A. $28,200 OB. $40,200 OC. $34,800 OD. $12,200 Click to select your answer. 1,7 UU 5,300 IEI ESL capense Income Tax Expense Total Expenses Net Income (Loss) 202,000 $53,600 Additional information provided by the company includes the following: 1. Current assets, other than cash, increased by $24,000. 2. Current liabilities deceased by $1,400. Compute the net cash provided by (used for) operating activities. O A. $28,200 OB. $40,200 O C. $34,800 OD. $12,200 Click to select your

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