Creble company reported net income for 2016 in the amount of $40,000. the company's financial statements also included the following: increase in accounts receivable $4,000

decrease in inventory 2,000

depreciation expense 3,000

gain on sale of equipment 5,000

in the statement of cash flows what is net cash provided by operating activities under the indirect method?

$36,000.

$41,000.

$40,000.

$38,000.

Kevin and jenny, who are both working full-time, have three children all under the age of ten. the two youngest children, who are three and five years old, attended eastside pre-school for a total cost of $3,000. ervin, who is nine, attended big kid daycare after school at a cost of $2,000. jenny has earned income of $15,000 and kevin earns $14,000. what amount of childcare expenses should be used to determine the child and dependent care credit?