Bertrand, Inc.prepares a statement of cash flows.In 2010, Bertrand had net income of $45, 000.In addition, the following information is available: $\begin{array}{ll}
\text { Gain on sale of land } & \$ 16,000 \
\text { Decrease in inventories } & 10,000 \
\text { Amortization of patents } & 4,000 \
\text { Increase in prepaid expenses } & 3,000
\end{array}$
What net cash provided by operating activities should Bertrand report in 2010?
A)$46, 000
B)$72, 000
C)$40, 000
D)$50, 000

Question

Bertrand, Inc.prepares a statement of cash flows.In 2010, Bertrand had net income of $45, 000.In addition, the following information is available: $\begin{array}{ll}
\text { Gain on sale of land } & \$ 16,000 \
\text { Decrease in inventories } & 10,000 \
\text { Amortization of patents } & 4,000 \
\text { Increase in prepaid expenses } & 3,000
\end{array}$
 What net cash provided by operating activities should Bertrand report in 2010?
A)$46, 000
B)$72, 000
C)$40, 000
D)$50, 000

Quizplus · Accepted Answer

The Answer of Bertrand, Inc.prepares a statement of cash flows.In 2010, Bertrand had net income of $45, 000.In addition, the following information is available: $\begin{array}{ll}
\text { Gain on sale of land } & \$ 16,000 \
\text { Decrease in inventories } & 10,000 \
\text { Amortization of patents } & 4,000 \
\text { Increase in prepaid expenses } & 3,000
\end{array}$
 What net cash provided by operating activities should Bertrand report in 2010?
A)$46, 000
B)$72, 000
C)$40, 000
D)$50, 000

Bertrand, Inc What Net Cash Provided by Operating Activities Should Bertrand Report