question archive Alpha Company had the following account balances for 2021:    Dec

Alpha Company had the following account balances for 2021:    Dec

Subject:AccountingPrice: Bought3

Alpha Company had the following account balances for 2021:

   Dec. 31Jan. 1Accounts receivable$40,000 $31,000 Accounts payable 53,000  58,000  

Alpha reported net income of $220,000 for 2021. Assuming no other changes in current account balances, what is the amount of net cash provided by operating activities for 2021 reported in the statement of cash flows?

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