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1. The net income for Rocks, Inc. was $2,800,000 for the year ended 12/31/Y4. Additional information for Year 4 follows: Amortization of intangible assets Cash
1. The net income for Rocks, Inc. was $2,800,000 for the year ended 12/31/Y4. Additional information for Year 4 follows: Amortization of intangible assets Cash paid to buy back treasury stock Loss for cash sale of land Increase in accounts receivable $800,000 50,000 600,000 700,000 Calculate net cash provided by operations in the statement of cash flows for the year ended 12/31/Y4
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