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TB MC Qu. 12-133 In preparing a company's statement... In preparing a company's statement of cash flows using the Indirect method, the following Information is

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TB MC Qu. 12-133 In preparing a company's statement... In preparing a company's statement of cash flows using the Indirect method, the following Information is available: Net income Accounts payable increased by Accounts receivable decreased by Inventories increased by Depreciation expense $52,000 18,000 25,000 5,000 30,000 Net cash provided by operating activities was: Multiple Choice O $120.000 $60,000. o O $70.000 o o $80,000. $130.000

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