PK Photography reported net income of $100,000 for 2017. Included in the income statement were depreciation expense

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PK Photography reported net income of $100,000 for 2017. 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. PK’s comparative balance sheets show the following balances.image text in transcribed

Calculate net cash provided by operating activities for PK Photography.

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Financial Accounting Tools For Business Decision Making

ISBN: 9781119316022

8th Edition

Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt

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