QUESTION 17 Alpha Company reports the following information for its recent calendar year. What is the...

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QUESTION 17 Alpha Company reports the following information for its recent calendar year. What is the cash provided by operating activities? Income Statement Data Selected Balance Sheet Data Revenue Gain on sale of land $100,000 5,000 Expenses Accounts Receivable. $12,000 increase Cost of goods sold 50,000 Inventory decrease 4,000 Depreciation expense 10,000 Accounts payable decrease 2,000 Wages expense 25.000 Net Income (85,000) $20,000 Mortgage payable increase 15,000 O $15,000 $30,000 O $25,000 O $20,000 QUESTION 17 Alpha Company reports the following information for its recent calendar year. What is the cash provided by operating activities? Income Statement Data Selected Balance Sheet Data Revenue Gain on sale of land $100,000 5,000 Expenses Accounts Receivable. $12,000 increase Cost of goods sold 50,000 Inventory decrease 4,000 Depreciation expense 10,000 Accounts payable decrease 2,000 Wages expense 25.000 Net Income (85,000) $20,000 Mortgage payable increase 15,000 O $15,000 $30,000 O $25,000 O $20,000