Question Content Area

The following information is available from the current period financial statements:

Line Item Description Amount

Net income $$107,417$

Depreciation expense $21,099$

Increase in accounts receivable $17,078$

Decrease in accounts payable $29,099$

The net cash flows from operating activities using the indirect method is

a$.$ $$82,339$

b$.$ $$40,141$

c$.$ $$174,693$

d$.$ $$107,417$