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In preparing a company's statement of cash flows for the most recent year using the Indirect method, the following Information is avallable Net Income for

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In preparing a company's statement of cash flows for the most recent year using the Indirect method, the following Information is avallable Net Income for the year was Accounts payable decreased by Accounts recelvable Increased by Inventories Increased by Cash dividends pald were Depreclation expense was $61,500 27,500 34,500 14,500 15,900 29,500 Net cash provided by operating activitles was: $77600. O $148,500 $39,500. O $14,500. O $53,500

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