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BCN Corp. reports $2,422,000 of net income in 2022, and did not buy or sell any property and equipment assets during the year. The following
BCN Corp. reports $2,422,000 of net income in 2022, and did not buy or sell any property and equipment assets during the year. The following amounts are excerpted from its balance sheets: December 31, 2022 December 31, 2021 Accounts receivable $91,611 $100,364 Property and equipment, net 258,000 294,000 Accounts payable 62,275 66,818 Bonds payable 0 100,000 During 2022, BCN paid $103,500 to retire bonds payable. What will BCN report as cash provided by operating activities on its 2022 statement of cash flows?
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