Earned net income of $ 72,000 after deducting depreciation of $4,000 and all other expenses. Current assets decreased by $3,000, and current liabilities increased by $8,000. How much was The Watch Shop's cash provided by operating activities (indirect method)?

$87,000

Explanation:

The computation of the cash provided by operating activities (indirect method) is given below:

Cash flow from Operating activities

Net income $72,000

Add: Depreciation expense $4,000

Add: Current assets decreased $3,000

Add: Current liabilities increased $8,000

Net Cash flow provided by operating activities $87,000

answer the amount a seller is paid minus the cost of production;