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Assume a company had net income of $69,000 that included a gain on the sale...

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Accounting

Assume a company had net income of $69,000 that included a gain on the sale of equipment of $4,000. It provided the following excerpts from its balance sheet:
This Year Last Year
Current assets:
Accounts receivable $ 40,000 $ 46,000
Inventory $ 53,000 $ 50,000
Prepaid expenses $ 13,000 $ 11,000
Current liabilities:
Accounts payable $ 38,000 $ 44,000
Accrued liabilities $ 18,000 $ 15,000
Income taxes payable $ 13,000 $ 10,000
If the credits to the companys accumulated depreciation account were $21,000, then based solely on the information provided, the companys net cash provided by (used in) operating activities would be:
Multiple Choice
$87,000.
$53,000.
$45,000.
$95,000.

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