Mazaya Company reported net income of R.0.70,000 for the year. During the year, accounts receivable decreased by R.0.7.000, accounts payable increased by R.O.3,000 and depreciation expense of R.O.5,000 was recorded. Net cash provided by operating activities for the year is Select one: a. R.O.70,000 b.R.O.85,000. c. R.0.69,000 d. R.0.65,000. Equipment was purchased for R.0.17.000 on January 1, 2010. Freight charges amounted to R.0.700 and there was a cost of R.O.2,000 for building a foundation and installing the equipment. It is estimated that the equipment will have a R.O.3,000 residual value at the end of its 5-year useful life. What is the amount of depreciation expense at December 31. 2011, if the straight-line method of depreciation is used? Select one: a. R.0.6,680 b.R.O.5.720 C.R.0.3.340 d.R.O.2,860