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would you mind explaining how to do this problem? i would greatly appreciate it ! MSU Inc. had net income of $642,000 for the year

would you mind explaining how to do this problem? i would greatly appreciate it ! image text in transcribed
MSU Inc. had net income of $642,000 for the year just ended. MSU collected the following additional information to prepare its statement of cash flows for the year: Decrease in accounts receivable $125,000 Decrease in inventory $51,000 Decrease in accounts payable $23,000 Increase in taxes payable $7,000 Increase in retained earnings $412,000 Depreciation expense $36,000 MSU uses the indirect method to prepare its statement of cash flows. What is MSU's net cash provided (used) by operating activities? Use only the information necessary $838.000 D. 5870,000 $588,000 S$18,000

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