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Mazaya Company reported net income of R.0.90,000 for the year ended December 31, 2011. During the year, inventories decreased by R0.12,000, accounts payable decreased by

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Mazaya Company reported net income of R.0.90,000 for the year ended December 31, 2011. During the year, inventories decreased by R0.12,000, accounts payable decreased by R0.18,000, depreciation expense was R.O.20,000 and a loss on disposal of equipment of R0.3.000 was recorded. Net cash provided by operating activities in 2011 using the indirect method was Select one: a R.0.149.000 O b. R.0.107.000 OcR0.95,000 O d.R.O.85.000

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