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What amount shown for net cash provide by operating activity

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During 2021, Orton Company earned net income of 384,000 which included depreciation expense of 78,000. In addition, the company experienced the following changes in the account balances listed below:

Increases                                                  Decreases

Accounts payable 45,000               Accounts receivable 12,000

Inventory 36,000                         Accrued liabilities 24,000

Prepaid insurance 33,000

Problem 1: Based upon this information what amount will be shown for net cash provided by operating activities for 2021?

a. 492,000 b. 465,000 c. 285,000 d. 267,000

Reference no: EM132708871

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