The net income reported on the income statement for the current year was ¥2,700,000. Depreciation was ¥500,000. Account receivable and inventories decreased by ¥100,000 and ¥300,000, respectively. Prepaid expenses and accounts payable increased, respectively, by ¥10,000 and ¥80,000. How much cash was provided by operating activities?
A) ¥3,310,000
B) ¥3,670,000
C) ¥3,510,000
D) ¥3,590,000

Question

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The Answer of The net income reported on the income statement for the current year was ¥2,700,000. Depreciation was ¥500,000. Account receivable and inventories decreased by ¥100,000 and ¥300,000, respectively. Prepaid expenses and accounts payable increased, respectively, by ¥10,000 and ¥80,000. How much cash was provided by operating activities?
A) ¥3,310,000
B) ¥3,670,000
C) ¥3,510,000
D) ¥3,590,000

The Net Income Reported on the Income Statement for the Current