(Answered) Question - tyler inc had net income for 1999 of 7000000

Accounting

Question - Tyler Inc. had net income for 1999 of $7,000,000. Additional information is as follows:

Amortization of goodwill $60,000

Depreciation on plant assets 2,200,000

Long-term debt:

Bond premium amortization 90,000

Interest paid 1,200,000

Provision for doubtful accounts:

Current receivables 110,000

Long-term nontrade receivables 40,000

What should be the net cash provided by operating activities in the statement of cash flows for the year ended December 31, 1999, based solely on the above information?

a. $9,430,000

b. $9,500,000

c. $9320,000

d. $9,460,000

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