Metlock, Inc. recorded the following cash transactions for the year: Paid $149000 for salaries. Paid $64600 to purchase office equipment. Paid $14800 for utilities. Paid $5000 in dividends. Collected $286000 from customers. What was Metlock's net cash provided by operating activities?

Metlock, Inc. recorded the following cash transactions for the year: Paid $149000 for salaries. Paid $64600 to purchase office equipment. Paid $14800 for utilities. Paid $5000 in dividends. Collected $286000 from customers. What was Metlock's net cash provided by operating activities?

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter12A: The Statement Of Cash Flows

Section: Chapter Questions

Problem 1P: Mahoney Company has the following financial statements for 2017 and 2018. Assume that the purchase...

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Question

Metlock, Inc. recorded the following cash transactions for the year:
Paid $149000 for salaries.
Paid $64600 to purchase office equipment.
Paid $14800 for utilities.
Paid $5000 in dividends.
Collected $286000 from customers.
What was Metlock's net cash provided by operating activities?
O $57600
O $137000
O $117200
O $122200

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