The data given below are from the accounting records of the Kuhn
Corporation:
Net Income (accrual basis)
$
62,000
Depreciation Expense
$
17,500
Decrease in Accounts Payable
$
3,350
Decrease in Inventory
$
3,850
Increase in Bonds Payable
$
18,500
Sale of Common Stock for cash
$
31,700
Increase in Accounts Receivable
$
6,200
Based on this information, the net cash provided by (used in)
operating activities using the indirect method would be:
A. $73,800
B. $84,350
C. $80,500
D. $92,300