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TB MC Qu. 12-128 A company's income statement... A company's Income statement showed the following: net Income, $134,000, depreciation expense, $30,000, and gain on sale
TB MC Qu. 12-128 A company's income statement... A company's Income statement showed the following: net Income, $134,000, depreciation expense, $30,000, and gain on sale of plant assets, $4,000. An examination of the company's current assets and current liabilitles showed the following changes: accounts receivable decreased $9,400, merchandise Inventory Increased $18,000, prepaid expenses Increased $6,200, accounts payable Increased $3,400. Calculate the net cash provided or used by operating activities. 1 0 $156,600. 0 $141.000. 0 0 $148.600. 0 $88.600
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