S Company reported net income for 2013 in the amount of $400,000. The company's financial statements also included the following:Inc in A/R: $80,000Dec in Inventory: $60,000Inc in A/P: $200,000Dep Exp: $104,000Gain on Sale of Land: $148,000What is net cash provided by operating activities under the indirect method? a) $536,000b) $832,000c) $432,000d) $580,000
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Home » Business » S Company reported net income for 2013 in the amount of $400,000. The company's financial statements also included the following:Inc in A/R: $80,000Dec in Inventory: $60,000Inc in A/P: $200,000Dep Exp: $104,000Gain on Sale of Land: $148,000What is