Question 17 During 2022, Leto Company earned net income of $384,000, which included depreciation expense of $36,000. In addition, the company experienced the following changes in the account balances listed below: Not yet answered Increases Paints out of 2.5 Prepaid Insurance $12,000 Flag question Inventory $72,000 Decreases $45,000 Accounts receivable $33,000 Unearned Revenues Wages Payable $24,000 Assuming the indirect method, what amount will be shown for net cash provided by operating activities? Select one: a. $426,000 b. $372,000 O c. $360,000 O d. $324,000 O e. $492,000 Question 18 When common stock is issued by a corporation for a cash price above par value, the increase in Contributed Capital and Retained Earnings is: Not yet answered Select one: Points out of 2.5 a. Contributed Capital Retained Earnings P Flag question The Cash Price Par Value b. Contributed Capital Retained Earnings Par Value The Cash Price c. Contributed Capital Retained Earnings Cash Price No Increase d. Contributed Capital Retained Earnings Cash Price Less Par Value No Increase Question 19 The following accounts appear in the ledger of Cinci Corporation on December 31: Not yet answered Preferred Stock $30,000 Points out of 2.5 Common Stock 46,000 7,000 P Flag question Additional Paid-in Capital, Preferred Additional Paid-in Capital, Common 18,000 Retained Earnings 40,000 A balance sheet prepared on December 31 would report total Contributed Capital of: Select one: a. $76,000 b. $83,000 c. $101,000 d. $141,000 e. $134,000