Question

The following information is taken from the income statement of Muir Company:


Depreciation Expense $ 30,000
Amortization Expense 5,000
Loss on Sale of Equipment 3,000
Gain on Sale of Building 9,000
Net Income 105,000

Based on this information, what is the amount of net cash flow provided by operating activities?

A) $149,000

B) $140,000

C) $146,000

D) $134,000

Answer

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