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Use the following information for Chambers Corporation to answer the following question: Net Income Depreciation Expense Inventory Gross Fixed Assets Dividends Paid Accounts Receivable
Use the following information for Chambers Corporation to answer the following question: Net Income Depreciation Expense Inventory Gross Fixed Assets Dividends Paid Accounts Receivable Issued Common Stock Accounts Payable Long-Term Debt Accruals Net Fixed Assets Cash 20x1 $825,000 130,000 1,200,000 4,500,000 110,000 700,000 1,500,000 400,000 a. $565,000 O b. $1,170,000 O c. Negative $260,000 O d. $85,000 1,100,000 150,000 2,000,000 400,000 20x2 $930,000 165,000 1,640,000 4,850,000 110,000 810,000 0 430,000 1,600,000 140,000 2,550,000 1,005,000 Calculate the net cash from operating activities for Chambers Corporation for the year 20x2.
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