Multiple Choice
During 2010, Bates Company earned net income of $275,000 which included depreciation expense of $34,000. The company had a loss on the sale of equipment of $2,000 and the following changes in account balances occurred:
Based upon this information, what amount will be shown for net cash provided by operating activities for 2010?
A) $289,000
B) $307,000
C) $321,000
D) $323,000
E) $325,000
Correct Answer:

Verified
Correct Answer:
Verified
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