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In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income Accounts payable decreased by Accounts receivable

In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income Accounts payable decreased by Accounts receivable increased by Inventories increased by Cash dividends paid Depreciation expense Net cash provided by operating activities was: $ 55,500 21,500 28,500 8,500 14,700 23,500 Multiple Choice $47,500. $130,500. $72,800 $20,500. $33,500

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