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Skinner Butte, Inc. had the following information: Net income $ 40,000 Depreciation 6,000 Increase in accounts receivable 2,000 Decrease in prepaid rent (800 ) Increase
Skinner Butte, Inc. had the following information:
Net income | $ | 40,000 | ||
Depreciation | 6,000 | |||
Increase in accounts receivable | 2,000 | |||
Decrease in prepaid rent | (800 | ) | ||
Increase in accrued liabilities | 1,800 | |||
Cash paid to purchase office equipment | 8,000 | |||
What is Skinner Buttes net cash provided by operating activities?
Multiple Choice
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$35,000
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$37,000
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$43,000
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$46,600
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