Frye LLC reported net income of $1,914,000 in 2021. Net income included depreciation expense of $143,000 and gain from the sale of a building of $151,140.

The company reported an increase in salaries payable of $18,920 between 2020 and 2021. In addition, there were decreases in accounts receivable and unearned revenue of $12,320 and $8,800, respectively.

What is the net cash provided by operating activities?

Correct!

$1,928,300

None of these choices

$1,944,580

$2,230,580

$1,642,300

$1,883,420

Question 14

0 / 3 pts

Below is select information from 2021 for Bueller, Inc. The company prepares its statement of cash flows using the indirect method.

Net Income	$143,750
Repurchase of common stock	$21,850
Proceeds from sale of machinery	$33,925
Gain on sale of machinery	$850
Acquisition of intangible assets	$46,000
Increase in Accounts Receivable	$1,495
Decrease in Interest Payable	$5,635
Proceeds from bond issuance	$28,500
Depreciation expense	$3,335

What is the total amount reported in cash flows from the investing activities? Use a negative sign for cash outflows. Please Explain