Wilkin Corporation reported accrual basis sales of $200,000, cost of goods sold of $80,000, and operating expenses, taxes, and interest summing to $30,000. In evaluating Wilkin's comparative balance sheets, it is determined that accounts receivable increased by $10,000 inventory increased by $5,000, and accounts payable decreased by $7,000. There were no changes in prepaid expenses nor were there any interest or taxes payable at the beginning or end of the year. How much was cash basis income for Wilkin Corporation for the yea r? A. $68,000 B. $82,000 C. $105,000 D. $112,000 3 Dixon Corporation reported 2014 accrual basis net income of $50,000. Relevant information to adjust accrual basis income to cash basis income follows: Depreciation expense Loss on the sale of land Increase in Accounts Receivable Decrease in Merchandise Inventory Increase in Accounts Payable Increase in Taxes Payable $12,000 $16,000 $8,000 $4,000 $3,000 $2,000 How much is Net Cash provided by Operating Activities