Business, 06.08.2019 23:30 TH3L0N3W0LF

Scranton, inc. reports net income of $238,000 for the year ended december 31. it also reports $91,200 depreciation expense and a $5,400 gain on the sale of equipment. its comparative balance sheet reveals a $37,100 decrease in accounts receivable, a $16,550 increase in accounts payable, and a $13,050 decrease in wages payable. calculate the cash provided (used) in operating activities using the indirect method.

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Scranton, inc. reports net income of $238,000 for the year ended december 31. it also reports $91,20...

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