Compute the net cash provided by (used for) operating activities.

Kentucky Company uses the indirect method to prepare the statement of cash flows. Refer to the following income statement:







Additional information provided by the company includes the following:

1. Current assets, other than cash, increased by $20,000.

2. Current liabilities decreased by $1500.



A) $26,700

B) $40,700

C) $35,600

D) $11,700


C) $35,600



Business

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