Chapter 22, Problem 22.3MC

Big Dollars Corporation's comparative financial statements included the following amounts for the current year:

Net income	$650,000
Depreciation expense	$ 93,000
Equity in earnings of unconsolidated affiliate	$ 61,000
Gain on sale of fixed assets	$ 4,000
Increase in accounts receivable	$ 25,000
Decrease in inventory	$ (57,000)
Decrease in fixed assets	$ 38,000
Increase m accounts payable	$ 42,000
Decrease in notes payable	$ (75,000)

On its current year statement of cash flows what is Big Dollars net cash provided by operating activities?

1. a. $677,000
2. b. $714,000
3. c. $752,000
4. d. $790,000