In Wallace Company, net income is $340,000. If accounts receivable increased $140,000 and accounts payable decreased $40,000, net cash provided by operating activities using the indirect method is: $440,000. $520,000. $160,000. $240,000. Using the indirect method of the statement of cash flows, the following data are available for Kiami Corporation: Net income Depreciation expense Dividends paid Gain on sale of land Decrease in accounts receivable Decrease in accounts payable 200,000 40,000 60,000 10,000 20,000 30,000 Using the indirect method, net cash provided by operating activities is 160,000. 220,000. 240,000. 280,000. Which of the following changes in retained earnings during a period will be reported in the financing activities section of the statement of cash flows? Both payment of a cash dividend during the period and net income for the period. Net income for the period. Neither payment of a cash dividend during the period nor net income for the period. Payment of a cash dividend during the period. Estonia Products has the following information available: net income, 15,000; cash provided by operations, 21,000; cash sales, 65,000; capital expenditures, 11,000; and dividends paid, 3,000. What is Estonia's free cash flow? 18,000 10,000 7,000 1,000