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How much should be reported as net cash provided

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Reference no: EM132611065

Question 1: In 2014?, MLL Corporation borrowed $100,000?, paid dividends of $24,000?, issued 9,000 shares of stock for $65 per? share, purchased land for $20,000?, and received dividends of $8,000. Net income was $150,000?, and depreciation for the year totaled $14,000. Accounts receivable increased by $15,000. How much should be reported as net cash provided by operating activities by the indirect? method?

A. $813,000

B. $148,000

C. $149,000

D. $164,000 

Reference no: EM132611065

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