2022 Cash $1,000 Accounts receivable (net) sas,com 1145.000 000 Inventones $900 Chapment $370,000 $410,000 Accumulated depreciation i Total assets SLES.000 $150 boo 5465.000 504,100 Accounts payable $5,000 151.500 Wages payable $40,000 $50,000 Common stack, $10 par Paid-in capital in excess of par-common stock $ 134,000 $200,000 Retained earnings $60,000 $176,000 $60,000 $214,000 Total liabilities and shareholders equity $465,000 $504.500 Additional information: 1. All equipment was purchased using cash. 2. Equipment costing $85,000 with accumulated depreciation of $65,000, was sold for $25,000 cash. 3. Cash dividends of $18,000 were declared and paid in 2023. 4. The stock was issued for cash. Using the comparative balance sheet and the additional information provided, compute net cash provided (used) by operating ctivities for 2023. Use the indirect method.