Minette Company reported net income of $200,000 for the year ended December 31, 2022.During the year, inventories decreased by $40,000, accounts payable decreased by $60,000, depreciation expense was $45,000 and a gain on disposal of equipment of $15,000 was recorded.Net cash provided by operating activities in 2022 using the indirect method was
A) $280,000.
B) $210,000.
C) $245,000.
D) $240.000.
Correct Answer:
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