RL Photography reported net income of $100,000 for 2014. Included in the income statement were depreciation expense of $6,300, patent amortization expense of $4,000, and a gain on disposal of plant assets of $3,600. RL€™s comparative balance sheets show the following balances.

Calculate net cash provided by operating activities for RLPhotography.

Transcribed Image Text:

Accounts receivable Accounts payable 12/31/14 12/31/13 21,000 $27,000 6,000 9,200