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Question 27 (1 point) Washington Corp. reported the following information for 2017 and 2018: 2018 Accounts receivable Prepaid expenses Accounts payable Salaries payable Net income

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Question 27 (1 point) Washington Corp. reported the following information for 2017 and 2018: 2018 Accounts receivable Prepaid expenses Accounts payable Salaries payable Net income Depreciation expense Gain on sale of equipment 2017 $101,000 5,000 71,000 5,000 $93,000 6,000 76,000 4,000 80,000 9,000 5,000 If Washington uses the indirect method to prepare the Operating Activities section of the statement of cash flows, what amount will be reported as net cash inflow from operating activities for 2018? 883,000 $73,000 $105,000 $95,000

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