help please Question 9 (of 14) 9. A company\'s income statement showed the follo

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help please

Question 9 (of 14) 9. A company's income statement showed the following net income. $122,000; depreciation expense, $34,000; and gain on sale of plant assets, $8,000. An examination of the company's current assets and current liablities showed the following changes as a result of operating activities: accounts recelvable decreased $10.200; merchandise inventory Increased $22.000 prepald expenses increased $7000; accounts payable Increased $4.200. Calculate the net cash provided or used by operating activities O $152.200. $145,400 O $147400 O $133.400. O $173.400 rt 0 Code Extension Birthday 67 4584 Jan. 15th 208 4625 Feb 20th 154 238 249 4704 March 11th 4709 April 29th 4628 July 8th 4626 July 24th 4516 July 31st 129 st 22nd

Explanation / Answer

Correct answer is option D $133,400

net income 122000 adjustments depreciaiton 34000 gain on sale of plan assets -8000 decrease in accounts receivable 10200 increase in prepaid expenses -7000 increase in inventory -22000 increase in accounts payable 4200 11400 net cash provided by operating activities 133400

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