Dorris Corporation's Statement of Financial Position and Income Statement Appear

question 26

Multiple Choice

Dorris Corporation's statement of financial position and income statement appear below: Cash dividends were $7.The company sold equipment for $18 that was originally purchased for $8 and that had accumulated depreciation of $6.The net cash provided by (used in) operating activities for the year was:

• A)$34
• B)$35
• C)$50
• D)$41

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