Use the Following Information for Questions 51 Through 55

question 82

Multiple Choice

Use the following information for questions 51 through 55.
Harlan Mining Co. has recently decided to go public and has hired you as an independent CPA. One statement that the enterprise is anxious to have prepared is a statement of cash flows. Financial statements of Harlan Mining Co. for 2015 and 2014 are provided below.
The following additional data were provided:
1. Dividends for the year 2015 were $144,000.
2. During the year, equipment was sold for $180,000. This equipment cost $264,000 originally and had a book value of $216,000 at the time of sale. The loss on sale was incorrectly charged to cost of sales.
3. All depreciation expense is in the selling expense category.
-The net cash provided by operating activities is

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Definitions:

Bisphenol-A

A chemical compound used in manufacturing polycarbonate plastics and epoxy resins, known for its potential health and environmental impacts.

Synthetic Substance

A material made by chemical synthesis, especially to imitate a natural product, not found in nature.

Immune System

The complex network of cells, tissues, and organs in an organism that work together to defend against foreign substances and pathogens.

Harmful Substances

Substances that are dangerous to the environment or health of living organisms.