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Salem Nursery earned net income of S63,000 after deducting depreciation of $8,000 and all other expenses. Current assets decreased by $7,000, and current liabilities increased
Salem Nursery earned net income of S63,000 after deducting depreciation of $8,000 and all other expenses. Current assets decreased by $7,000, and current liabilities increased by $9,000. How much was Salem Nursery's cash provided by operating activities (indirect method)? OA. $53,000 O B. $87,000 O C. $73,000 O D. $39,000
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