Monroe's Industries Reported Net Income of $18,000 and Paid Cash

question 139

Multiple Choice

Monroe's Industries reported net income of $18,000 and paid cash dividends of $2,000.Changes in balanced sheet accounts for the year were as follows:
Based on the above information,what is the amount of net cash provided by operations?

• A) $1,000
• B) $15,000
• C) $21,000
• D) $30,000

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