Bertrand, Inc What Net Cash Provided by Operating Activities Should Bertrand Report

question 11

Multiple Choice

Bertrand, Inc.prepares a statement of cash flows.In 2010, Bertrand had net income of $45, 000.In addition, the following information is available: $\begin{array}{ll}\text { Gain on sale of land } & \$ 16,000 \\\text { Decrease in inventories } & 10,000 \\\text { Amortization of patents } & 4,000 \\\text { Increase in prepaid expenses } & 3,000\end{array}$
What net cash provided by operating activities should Bertrand report in 2010?

• A)$46, 000
• B)$72, 000
• C)$40, 000
• D)$50, 000

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