In preparing a company's statement of cash flows using the indirect method, the following information is available:

Net income	$ 71,000
Accounts payable increased by	37,000
Accounts receivable decreased by	63,000
Inventories decreased by	24,000
Cash dividends paid	33,000
Depreciation expense	58,000

Net cash provided by operating activities was:

Multiple Choice

• $108,000.

• $253,000.

• $205,000.

• $109,000.

• $62,000.

Green Company reports depreciation expense of $43,000 for Year 2. Also, equipment costing $149,000 was sold for a $5,300 gain in Year 2. The following selected information is available for Green Company from its comparative balance sheet. Compute the cash received from the sale of the equipment.

At December 31	Year 2	Year 1
Equipment	$ 625,000	$ 774,000
Accumulated Depreciation-Equipment	440,000	515,000

Multiple Choice

• $31,000.

• $74,000.

• $36,300.

• $43,000.

• $25,700.