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Acme Inc. reported net income of $160,000 for the current year. Here are other data regarding Acme's activities during the current year: Interest income from
Acme Inc. reported net income of $160,000 for the current year. Here are other data regarding Acme's activities during the current year:
Interest income from short-term investments
Increase in accounts receivable balance
Decrease in inventory balance
Decrease in accounts payable balance
Increase in dividends payable balance
Gain on the sale of a warehouse
Cash received from the sale of a warehouse
Depreciation expense on machinery and equipment
Interest expense on short-term loans
$42,000
$18,000
$35,000
$29,000
$47,000
$21,000
$32,000
$11,000
Based on the information provided, what is Acme's net cash provided by operating activities?
Round to the nearest whole dollar amount and do not enter a dollar sign or a decimal point
enter 89, not $89.00
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