Operating Activities Indirect Method (Non Cash Items)

3) Give It To Me Company provided the following information for the preparation of the statement of cash flows for the current

year:

Net income 5,000,000

Amortization of patent 45,000

Depreciation of property, plant and equipment 1,650,000

Long-term debt:

Bond premium amortization 65,000

Interest paid 900,000

Unrealized loss on financial asset held for trading 100,000

Unrealized loss on financial asset at fair value through other comprehensive income 400,000

What is the net cash provided by operating activities for the current year?

A. 6,760,000

B. 6,630,000

C. 6,730,000

D. 6,860,000