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What is the cash provided or used by operating activities

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Question - ONE COMPANY use indirect method of reporting cash flows from operating activities in the statement of cash flow from operating activities in the statement of cash flows. Based on the following information, what is the cash provided or used by operating activities?

Net income 75000

Decrease in account receivable 10000

Increase in inventory 6000

Decrease accounts payable 4000

Increase income tax payable 2000

Depreciation 7500

A- 75000

B- 80500

C- 69000

D- 84500

Reference no: EM132099605

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