Big Toy Corporation's records show net income of $30,000; depreciation expense of $12,000; and cash dividends declared and paid of $1,000. The amount of cash provided by operating activities using the indirect method is:
A) $43,000.
B) $42,000.
C) $30,000.
D) $18,000.

Question

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The Answer of Big Toy Corporation's records show net income of $30,000; depreciation expense of $12,000; and cash dividends declared and paid of $1,000. The amount of cash provided by operating activities using the indirect method is:
A) $43,000.
B) $42,000.
C) $30,000.
D) $18,000.

Big Toy Corporation's Records Show Net Income of $30,000; Depreciation