Bill was severely injured by an uninsured driver. Bill did not purchase uninsured motorists coverage, and the other driver, although held liable, could not pay the damages awarded. After exhausting other sources of recovery, Bill learned that his state is one of a few states that has a special fund to compensate innocent accident victims. These state funds are called A) guaranty funds.
B) unsatisfied judgment funds.
C) rainy-day funds.
D) second injury funds.

$765,000

Explanation:

Net income = $600,000

Accounts Receivable - $20,000 increase Inventories - 10,000 decrease

Accounts Payable - 25,000 decrease

Net income - - - - - - - - - - - - - - - 600,000

Adjustment to reconcile net income to net cash provided by operating activities:

Depreciation - - - - - - - - - - - - - - 200,000

Decrease in inventory - - - - - - - 10,000

Decrease in account payable--- (25,000)

Increase in inventory - - - - - - - - (20,000)

Net cash - - - - - - - - - - - - - - - - - 765,000

Therefore, net cash provided by operating activities = $765,000