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The net cash provided by operating activities in Sheffield Corp.'s statement of cash flows for 2021 was $314000. For 2021, depreciation on plant assets was
The net cash provided by operating activities in Sheffield Corp.'s statement of cash flows for 2021 was $314000. For 2021, depreciation on plant assets was $90800, amortization of patent was $15500, and cash dividends paid on common stock was $107300. Based only on the information given above, Sheffields net income for 2021 was
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| $207700. |
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| $15500. |
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| $314000. |
|
| $315000. |
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