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The data given below are from the accounting records of the Kuhn Corporation: Net Income (accrual basis) Depreciation Expense Decrease in Accounts Payable Decrease in
The data given below are from the accounting records of the Kuhn Corporation: Net Income (accrual basis) Depreciation Expense Decrease in Accounts Payable Decrease in Inventory Increase in Bonds Payable Sale of Common Stock for cash Increase in Accounts Receivable $ 59,000 $ 16,000 $ 3,200 $ 3,700 $ 17,000 $ 31,400 $ 5,900 Based on this information, the net cash provided by (used in) operating activities using the indirect method would be: Multiple Choice $76,000 $79,700 $69,600 $86,600
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