Baldock Corporation's Balance Sheet and Income Statement Appear Below

question 5

Multiple Choice

Baldock Corporation's balance sheet and income statement appear below: Cash dividends were $23.The company sold equipment for $14 that was originally purchased for $10 and that had accumulated depreciation of $10.The net cash provided by (used in) operating activities for the year was:

• A)$153
• B)$162
• C)$107
• D)$139

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