Weygandt, Accounting Principles, 12e Principles of Accounting 12e (ACC 171/ 272 STANDARD VIEW PRINTER VERSION -BACK En :56 PM/ Remaining: 16 min. Multiple Choice Question 78 Concord Company reported net income of $93000 for the year ended December 31, 2016. During the year, inventories decreased by $14900, recorded. Net cash provided by operating activities in 2016 using the indirect method was accounts payable decreased by $20100, depreciation expense was $17500 and a gain on disposal of equipment of $8700 was $88900 $9660o. $107900 $105300. Question Attempts: O of 1 used SAVE FOR LATERSUBM