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The net income reported on the income statement for the current year was $223000. Depreciation recorded on plant assets was $34800. Accounts receivable and
The net income reported on the income statement for the current year was $223000. Depreciation recorded on plant assets was $34800. Accounts receivable and inventories increased by $1800 and $8500, respectively. Prepaid expenses and accounts payable decreased by $1600 and $11500 respectively. Using the indirect method, how much cash was provided by operating activities? $203000 O $237600 O $223000 $257800
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