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Swifty Company reported net income of $104000 for the year ended December 31, 2016. During the year, inventories decreased by $14600, accounts payable decreased by

Swifty Company reported net income of $104000 for the year ended December 31, 2016. During the year, inventories decreased by $14600, accounts payable decreased by $20100, depreciation expense was $18400 and a gain on disposal of equipment of $9300 was recorded. Net cash provided by operating activities in 2016 using the indirect method was $116900. $118600. $99300 $107600

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