Wilma's Winery uses the indirect method to determine net cash provided by operating activities. During 2017, Wilma experienced a
decrease in Accounts Receivable of $8,000, an increase in Accounts Payable of $1,000, and an increase in Inventory of $4,000. What
should be reported as the net cash provided by operating activities if net income was reported at $23,000?
O $34,000
O $26,000
O $28,000
O $20,000
Answers: 1
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