*) in preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available: $ Net income for the year was Accounts payable increased by Accounts receivable decreased by Inventories decreased by Cash dividends paid were Depreciation expense was 72,000 38,000 65,000 25,000 34,000 60,000 Net cash provided by operating activities was: A) S260,000. B) S110,000. C) $111,000. D) $64,000. E) $210,000 42) A machine with a cost of $146,000 and accumulated depreciation of S101,000 is sold for $58,000 cash. The amount that should be reported as a source of cash under cash flows from investing activities is: A) $13,000. B) $58,000. C) $45,000 D) Zero. This is an operating activity E) Zero. This is a financing activity. 43) In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available: Net income for the year was Accounts payable increased by Accounts receivable decreased by Inventories increased by Depreciation expense was S 74,000 20,200 27,200 9400 36,600 Net cash provided by operating activities was: A) $75,400. B) $94,200. C) $167,400. D) $148,600. E) $113,000. 44) A machine with a cost of $138,000, accumulated depreciation of $89,000, and current year depreciation expense of $19.000 is sold for S43,200 cash. The amount that should be reported as a source of cash under cash flows from investing activities is: A) $45,800. B) $19,000. C) $43,200. D) $26,800. E) $5800