Question 17

During 2018, Sunland Company earned net income of $268000 which included depreciation expense of $38700. In addition, the company experienced the following changes in the account balances listed below:

Decreases Increases

Accounts receivable $6700

Accounts payable $21800

Prepaid expenses 15600

Inventory 18200

Accrued liabilities 11500

Based upon this information what amount will be shown for net cash provided by operating activities for 2018?

a) $217600.

b) $208600.

c) $321100.

d) $307600.