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A company reports net income of $55,100, which included depreciation expense of $46,200; amortization expense of $24,400; and a loss from sale of equipment of
A company reports net income of $55,100, which included depreciation expense of $46,200; amortization expense of $24,400; and a loss from sale of equipment of $15,200. Its comparative balance sheet shows the following changes: accounts receivable increased $34,400; inventory decreased $15,200; prepaid insurance decreased $10,200; and accounts payable increased $14,700. Compute net cash provided by operating activities using the indirect method
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