The changes in Northrup Corporation's balance sheet account balances for last year appear below Increases (Decreases) Asset and Contra-Asset Accounts: $ (18,e00) Cash and cash equivalents Accounts receivable Inventory Prepaid expenses Long-term investments Property, plant and equipment Accumulated depreciation (15,000) $ 22,000 52,000 $27,000 $67,00 Liability and Equity Accounts: $ 15,080 $ (25,000) $ 26,ee0 s (80,000) Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings 23,000 $ 29, 550 The company's income statement for the year appears below Income Statement $870,000 510,000 360,000 273,000 87,000 30,450 56,550 Sales Cost of goods sold Gross margin Selling and administrative expense Net operating income Income taxes Net income The company declared and paid $27,000 in cash dividends during the year. It did not dispose of any property, plant, and equipment during the year. The company uses the direct method to determine the net cash provided by (used in) operating activities On the statement of cash flows, the sales adjusted to a cash basis would be: Multiple Choice $953,550 $885,000 $684,000 $900,000