Calculation of Net cash provided or used by operating activities:
Particulars | Amount ($) |
Net Income | 119,000 |
Add: Depreciation Expense (Non-Cash item) | 32,500 |
Less: Gain on plant assets | 6,500 |
Add: Decrease in Accounts Receivable | 9,900 |
Less: Increase in Inventory | 20,500 |
Less: Increase in prepaid expenses | 6,700 |
Add: Increase in Accounts payable | 3,900 |
Net cash provided or used by operating activities | 131,600 |
The answer is $131,600
A company's income thowed the following netincem deprecopen and e r e Anemonhec e and current...
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