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XYZ Company had the following account balances for 2022: Dec. 31 Accounts receivable $44,000 Accounts payable 55,000 Jan 1 $35,000 60,000 XYZ reported net income
XYZ Company had the following account balances for 2022: Dec. 31 Accounts receivable $44,000 Accounts payable 55,000 Jan 1 $35,000 60,000 XYZ reported net income of $210,000 for 2022. Assuming no other changes in current account balances, what is the amount of net cash provided by operating activities for 2022 reported in the statement of cash flows? $214,000. $206,000. $196,000. $224,000
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