Depreciation for the Year Was $80,000 and Net Income Was

question 113

Multiple Choice

Depreciation for the year was $80,000 and net income was $323,000.Assume the rest of the company's transactions were cash transactions.How much was net cash from operating activities?

• A) $243,000
• B) $403,000
• C) $323,000
• D) None of these answers are correct.

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