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Marigold Corp. reported net income of $472000 for the year ended 12/31/21. Included in the computation of net income were: depreciation expense, $59200; amortization of
Marigold Corp. reported net income of $472000 for the year ended 12/31/21. Included in the computation of net income were: depreciation expense, $59200; amortization of a patent, $32000; income from an investment in common stock of Ivanhoe Company, accounted for under the equity method, $48300; and amortization of a bond discount, $12100. Marigold also paid an $80300 dividend during the year. The net cash provided by operating activities would be reported at $414700. $527000. $334400. $446700
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