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What was the amount of cash provided by operating activities

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Reference no: EM132733657

Question - During 2020 the Cullumber Company had a net income of $85200. In addition, selected accounts showed the following changes:

Accounts Receivable $3400 increase

Accounts Payable 800 increase

Buildings 4100 decrease

Depreciation Expense 1700 increase

Bonds Payable 8400 increase

Required - What was the amount of cash provided by operating activities?

a. $84300.

b. $85200.

c. $86900.

d. $95400.

Reference no: EM132733657

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