In preparing a company's statement of cash flows using the indirect method, the following information is available:
Net income
Accounts payable decreased by
Accounts receivable increased by
Inventories increased by
Cash dividends paid
Depreciation expense
Net cash provided by operating activities was:
$ 53,000
19,000
26,000
6,000
14,200
21,000
Multiple Choice
$31,000.
$123,000.
$70,800.
$23,000.
$45,000.