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The following information is available from the current period financial statements: Net income $113,638 Depreciation expense 27,704 Increase in accounts receivable 14,321 Decrease in accounts
The following information is available from the current period financial statements:
Net income | $113,638 |
Depreciation expense | 27,704 |
Increase in accounts receivable | 14,321 |
Decrease in accounts payable | (28,756) |
The net cash flows from operating activities using the indirect method is
a.$42,857
b.$98,265
c.$184,419
d.$113,638
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