urgent plz COTB MC Qu. 15-58 (Algo) Assume a company's net...

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COTB MC Qu. 15-58 (Algo) Assume a company's net cash... Assume a company's net cash provided by operating activities is $86.000. It provided the following excerpts from its blince sheet This Year Last Year Current assets: Accounts receivable Inventory Prepaid expenses Current liabilities: Accounts payable Accrued liabilities Income taxes payable $40, eee $53,000 $13,000 $46,eee $50, eee $11, eee $38,00 $18, eee $13, een $44,000 $15, eee $10.eee Also assume the company incurred a loss on the sale of equipment of $1,000 and the credits to its accumulated depreciation account ce $23,400, Bosed solely on the information provided the company's net income would be

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