Norman Corp. uses the indirect method to prepare its statement of cash flows. The following information pertains to 2021.
Accounts Receivable was increased by $20,000.
Accounts Payable was increased by $15,000.
Depreciation Expense was $10,000.
Common Stock was issued for $50,000.
Dividend payments to shareholders were $40,000.
Equipment was purchased for $30,000.
Land was sold for $100,000 resulting in a Gain on Disposal of $35,000.
Net income was $200,000.
What should be reported as the net cash provided by operating activities for 2021?
A
$170,000
B
$70,000
$240,000
D
$10,000

On january 8, the end of the first weekly pay period of the year, regis company's payroll register showed that its employees earned $22,760 of office salaries and $70,840 of sales salaries. withholdings from the employees' salaries include fica social security taxes at the rate of 6.20%, fica medicare taxes at the rate of 1.45%, $13,260 of federal income taxes, $1,450 of medical insurance deductions, and $860 of union dues. no employee earned more than $7,000 in this first pay period. required: 1.1 calculate below the amounts for each of these four taxes of regis company. regis’s merit rating reduces its state unemployment tax rate to 3% of the first $7,000 paid to each employee. the federal unemployment tax rate is 0.60