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Question 18 3 pts KJ Company, a manufacturer, uses the indirect method for preparing its statement of cash flows. The company has provided the following

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Question 18 3 pts KJ Company, a manufacturer, uses the indirect method for preparing its statement of cash flows. The company has provided the following information pertaining to its recent year of operation: Cash flow from operating activities, $155,000 Accounts payable increased $12,900 Prepaid assets decreased $9900 Depreciation expense was $13,900 Accounts receivable increased $24,900 Loss on sale of a depreciable asset was $7900 Wages payable decreased $10,900 Unearned revenue decreased $20,900 Patent amortization expense was $4900 How much was KJ's net income? O $162,200 $146,400 $142,400 $204,000

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