In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available:? Net income for the year was$80,000?Accounts payable decreased by 32,000?Accounts receivable increased by 39,000?Inventories increased by 19,000?Depreciation expense was 58,000?Net cash provided by operating activities was:
A. $112,000.
B. $48,000.
C. $150,000.
D. $80,000.
E. $74,000.
Answer: B
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