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Multiple Choice Question 78 Crane Company reported net income of $90000 for the year ended December 31, 2019. During the year, inventories decreased by $14500,

Multiple Choice Question 78 Crane Company reported net income of $90000 for the year ended December 31, 2019. During the year, inventories decreased by $14500, accounts payable decreased by $19500, depreciation expense was $17500 and a gain on disposal of equipment of $8500 was recorded. Net cash provided by operating activities in 2019 using the indirect method was $102500. $86500. $104500. $94000image text in transcribed

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