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The net income reported on the income statement for the current year was $571000. Depreciation recorded on plant assets was $85000. Accounts receivable and inventories
The net income reported on the income statement for the current year was $571000. Depreciation recorded on plant assets was $85000. Accounts receivable and inventories increased by $45000 and $18000, respectively. Prepaid expenses and accounts payable decreased by $2000 and $36000, respectively. How much cash was provided by operating activities? $519000 0 $753000. $537000. O $559000. Click if you would like to Show Work for this question: Open Show Work
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