Business, 23.03.2021 04:00 F00Dislife

21. GJ Company, a manufacturer, has provided the following information pertaining to its recent year of operation: • Net income, $500,000 • Accounts payable decreased $42,000 • Prepaid assets increased $31,000 • Depreciation expense was $53,000 • Accounts receivable decreased $41,000 • Loss on sale of a depreciable asset was $31,000 • Wages payable increased $19,000 • Unearned revenue decreased $31,000 • Patent amortization expense was $5,000 Using the indirect method, how much was GJ's net cash provided by operating activities? $545,000 $607,000 $514,000 $463,000

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21. GJ Company, a manufacturer, has provided the following information pertaining to its recent year...

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