Norbury Corporation's net income last year was $25,000. 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 $ 13,500 Inventory $ (3,600) Prepaid expenses $ 9,000 Accumulated depreciation $ 24,000 Liability Accounts: Accounts payable $ 13,000 Accrued liabilities $ (8,100) Income taxes payable $ 2,700 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:

$37,700

Explanation:

Cashflow from Operating Activities

Net Income                                                                     $25,000

Adjustments to non - cash flow items :

Add back Depreciation charge                                     $24,000

Adjustments to changes in working capital items :

Increase in Accounts receivable                                  ($13,500)

Decrease in Inventory                                                     $3,600

Increase in Prepaid expenses                                       ($9,000)

Increase in Accounts payable                                       $13,000

Decrease in Accrued liabilities                                       ($8,100)

Increase in  Income taxes payable                                 $2,700

Net cash provided by operating activities                    $37,700

thus,

the net cash provided by operating activities under the indirect method on the statement of cash flows would be: $37,700

b. a single paragraph.

a paragraph is a series of sentences that are organized and make sense, and are all related to a single topic . almost every piece of writing you do that is longer than a few sentences should be organized into paragraphs. this is because paragraphs show a reader where the subdivisions of an essay begin and end, and thus the reader see the organization of the essay into subjects in order to be able to understand its main points.