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Volutia Corporation's comparative financial statements included the following amounts for the current year: Depreciation expense $102,000 Loss on sale of fixed assets 38,000 Decrease in
Volutia Corporation's comparative financial statements included the following amounts for the current year:
Depreciation expense | $102,000 |
Loss on sale of fixed assets | 38,000 |
Decrease in fixed assets | 155,000 |
Increase in accounts receivable | 37,000 |
Decrease in accounts payable | 42,000 |
Decrease in inventory | 71,000 |
Increase in taxes payable | 19,000 |
Net income | 72,000 |
Compute net cash provided by operating activities using the indirect method.
Group of answer choices
$223,000
$22,000
$185,000
$68,000
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