In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income$73,000? Accounts payable increased by 20,100? Accounts receivable decreased by 27,100? Inventories increased by 9200? Depreciation expense 36,300? Net cash provided by operating activities was:
A. $93,100.
B. $111,500.
C. $147,300.
D. $74,700.
E. $165,700.
Answer: C
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