TB MC Qu. 15-69 (Algo) Klutz Dance Studio had net income... 18 Klutz Dance Studio had net income of $181.000 for the year just ended. Klutz collected the following additional information to prepare its statement of cash flows for the year: 1 points Decrease in accounts receivable Increase in accounts payable Increase in retained earnings Cash paid for purchase of new music equipment Depreciation expense $ 27,500 $ 14,500 $ 99,000 $ 23,500 $ 5,700 Klutz uses the Indirect method to prepare its statement of cash flows. What is Klutz's net cash provided by used in operating activities? References Multiple Choice $105.500 $210.000 5228.700 344700 Next >