4 A company reports net income of $9,300 for the year. During the year, the company reports an $1,060 loss from retirement of notes and a gain of $1,590 from the sale of equipment. Also, depreciation expense is $3,320 The only change in current assets and current liabilities was a $530 increase in inventory. 02:16:19 Compute net cash provided by operating activities using the indirect method Note: Amounts to be deducted should be indicated with a minus sign. Cash Flows from Operating Activities (Indirect) Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes in current assets and current liabilities 0

A company reports net income of $9,300 for the yeat During the year, the company reports an $1,060 loss from retirement of notes and a gain of $1,590 from the sale of equipment. Also, depreciation expense is $3,320. The only change in current assets and current listilities was a 5.530 increase in inventory. Compute net cash provided by operating activeles using the indirect method Note: Amounts to be deducted should be indiented with a minus sign