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Norbury Corporation's net income last year was $20,000. The company did not sell or retire...

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Norbury Corporation's net income last year was $20,000. The company did not sell or retire any property, plant, and equipment last year. Changes in selected balance sheet accounts for the year appear below: Increases (Decreases) Asset and Contra-Asset Accounts: Accounts receivable Inventory Prepaid expenses Accumulated depreciation Liability Accounts: Accounts payable Accrued liabilities Income taxes payable $11,000 $ (3,100) $ 6,500 $19,000 $ 10,500 $(7,600) $ 2,200 Based solely on this information, the net cash provided by (used in) operating activities under the indirect method on the statement of cash flows would be: Multiple Choice O $46,100 $29,700 O

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