The net income reported on the income statement for the current yearwas $228000. Depreciation recorded on plant assets was $35100. Accounts receivable and inventories increased
The net income reported on the income statement for the current yearwas $228000. Depreciation recorded on plant assets was $35100. Accounts receivable and inventories increased by $1700 and $8500. respectively. Prepaid expenses and accounts payable decreased by $2000 and $11700 respectively. Using the indirect method, how much cash was provided by operating activities? 0 $228000 0 $207800 0 $263100 0 $243200
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