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please answer as soon as possible thank you! Assume a company had net income of $70,000 and provided the following excerpts from its balance sheet:
please answer as soon as possible thank you! Assume a company had net income of $70,000 and provided the following excerpts from its balance sheet: This Year Last Year $40,000 $53,000 $13,000 Current assetst Accounts receivable Inventory Prepaid expenses Current liabilities: Accounts payable Accrued liabilities Income taxes payable $46.000 $50,000 $11,000 $38,000 $18,000 $13,000 544,000 $15,000 $10,000 If the company did not sell any noncurrent assets during the period and the credits to its accumulated depreciation account were $21,000, then based solely on the information provided, the company's net cash provided by (used in operating activities would be: Multiple Choice $92,000. $66,000. $90,000 $50,000
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