(Answered) Question - company uses the indirect method to prepare the

Accounting

Question - Company uses the indirect method to prepare the statement of cash flows. Refer to the following information:

a. Sales Revenue 230,000

b. Interest revenue 5,000

c. Gain on sale of assets 5,000

d. COGS 110,000

e. Payroll Expense 50,000

f. Depreciation Expense 10,000

g. Other Expenses 15,000

Additional information provided by the company includes the following:

1) Current assets, other than cash, increased by $24,000

2) Current liabilities decreased by $1,000

How much is the net cash provided by operating activities?

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