30) in preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available: Net income for the year was $52,000 Accounts payable increased by 18,000 Accounts receivable decreased by 25,000 Inventories increased by 5,000 Depreciation expense was 30,000 Net cash provided by operating activities was: $80,000 $70,000 $130,000 $120,000 O $60,000
