Norbury Corporation's Net Income Last Year Was $34,000

Multiple Choice

Norbury Corporation's net income last year was $34,000.The company did not sell or retire any property,plant,and equipment last year.Changes in selected balance sheet accounts for the year appear below: Based solely on this information,the net cash provided by operating activities under the indirect method on the statement of cash flows would be:

A) $52,000
B) $66,000
C) $53,000
D) $16,000