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The activities of Orange Company for the year ended December 31, 2020 included the following: 2020's net income after taxes totaled $125,000. Accounts receivable
The activities of Orange Company for the year ended December 31, 2020 included the following: 2020's net income after taxes totaled $125,000. Accounts receivable increased by $32.000. Recorded a $10,000 goodwill impairment loss during the year. N Inventory decreased by $8,000. Amortization of premium on bonds payable amounted to $3,000. Compensation expense on restricted stock plan amounted to $20,000. Bad debt expense amounted to $4.000. Depreciation expense amounted to $10,000. Gain on sale of equipment amounted to $7.000. Unrealized holding gain on available-for-sale securities amounted to $12.000. How much would be presented as net cash provided by operating activities in the statement of cash flows, using the Indirect method? Select one: a. $123,000 5.$129.000
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