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Amy Corporation's income statement showed the following profit. $72,000, depreciation expense, $8,000, and gain on sale of plant assets, $6,000. An examination of the company's
Amy Corporation's income statement showed the following profit. $72,000, depreciation expense, $8,000, and gain on sale of plant assets, $6,000. An examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $5700; merchandise inventory increased $8,000, prepaid expenses decreased $2100accounts payable increased $1700. Calculate the net cash provided for used) by operating activities. Multiple Choice O $68,800 $82.500 O 566,500
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