Harlow Industries Reported Net Income of $56,000 for the Current

question 80

Multiple Choice

Harlow Industries reported net income of $56,000 for the current year.During the year,Inventory decreased by $19,600,Accounts Payable decreased by $22,400,Depreciation Expense was $28,000,and Accounts Receivable increased by $18,200.If the indirect method is used,what is the net cash provided by operating activities?

• A)$29,400
• B)$63,000
• C)$107,800
• D)$144,200

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