Metzger Company completed its first year of operations on December 31, 2014.

Its initial income statement showed that Metzger had sales revenue of $198,000 and operating expenses of $83,000. Accounts receivable and accounts payable at year-end were

$60,000 and $23,000, respectively. Assume that accounts payable related to operating expenses. Ignore income taxes.

Instructions Compute net cash provided by operating activities using the direct method.AppendixLO1