Multiple Choice
Burgett Corporation's balance sheet and income statement appear below:
Cash dividends were $41. The company sold equipment for $15 that was originally purchased for $4 and that had accumulated depreciation of $4.
-The net cash provided by (used by) operations for the year was:
A) $235
B) $171
C) $156
D) $197
Correct Answer:

Verified
Correct Answer:
Verified
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